What Does Louis Viton Moet Hennessy KNOW? – #34
Could it be, that LVMH practices all the factors that are described in our BLOGS to retain their position as the world’s largest luxury group by sales? They have identified that wealthy Millenials are shifting their money from goods to exploits. In light of this demographic and consumer shift to travel experiences and exploits, LVMH evaluated and confirmed their data. Once they had confirmed the data they acted quickly to avoid missing a market opportunity.