Louis Heriard Dubreuil

The Impressive Sillage and Longevity of CEO Extrait De Parfum by Vach Cittoni In the world of fragrances, sillage and longevity are two critical aspects that determine the quality and appeal of a perfume. Vach Cittoni’s CEO Extrait De Parfum performs brilliantly in these areas, captivating wearers with its remarkable presence and endurance. Sillage: A Commanding Aura The term "sillage" refers to the trail left by a fragrance, an olfactory wake that lingers in the air as you move through a space. CEO Extrait De Parfum excels in this regard, creating an aura that invites attention without overwhelming the senses. The fragrance opens with a burst of fresh bergamot and black currants which immediately establishing a vibrant and sophisticated presence. As the initial notes settle, the heart of CEO Extrait De Parfum reveals itself, with rich undertones of pink pepper,jasmine and patchouli. These middle notes provide a depth that adds complexity and allure which allows for a swirling mix into the sensual woody undertones of the fragrance. It's a scent that announces itself confidently, making it perfect for the modern man who embodies refinement and masculinity. Longevity: A Fragrance That Endures Longevity, the duration a fragrance lasts on the skin, is another area where CEO Extrait De Parfum shines. This extrait de parfum concentration ensures that the fragrance remains potent and enduring throughout the day. Users report that just a few sprays in the morning are enough to carry them through a full day of work, evening events, and even into the night. The secret to this lasting power lies in the carefully crafted base notes. Ambergris and musk form the foundation of CEO Extrait De Parfum, providing a warm and sensual finish that lingers on the skin. These ingredients are known for their excellent fixative properties, anchoring the scent and allowing it to evolve gracefully over time. A Statement of Quality and Craftsmanship Vach Cittoni is new and relatively unknown brand. However, they are establishing a reputation for supplying inspired fragrances that are not only luxurious but also meticulously crafted. CEO Extrait De Parfum is a prime example of this dedication to quality. The use of high-quality ingredients and precise blending of oils ensure that every bottle of CEO Extrait De Parfum meets the highest standards. Whether you are in a boardroom, at a social gathering, or simply enjoying a day out, CEO Extrait De Parfum offers an impressive sillage and longevity that keep you feeling confident and distinguished. It’s more than just a fragrance; it’s a statement of style and sophistication. For those who seek a scent that leaves a lasting impression, CEO Extrait De Parfum by Vach Cittoni is the perfect choice. Embrace the power of a fragrance that stands the test of time, and let CEO Extrait De Parfum become a part of your signature style.

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The Succession Dilemma at LVMH: Who Will Succeed Bernard Arnault? ▶ Bernard Arnault, faces a critical decision as he considers which of his five children will succeed him at the helm of the world's largest luxury goods group. With a net worth estimated by Forbes to be around €200 billion, Arnault has spent a lifetime building an empire that includes 75 iconic brands such as Louis Vuitton, Christian Dior, Tiffany, and Fendi. ▶ Recent changes in LVMH's corporate structure have given Arnault's children new decision-making power, fuelling speculation about the succession plan. ▶ Delphine, 49, leads Christian Dior, while Antoine, 46, heads LVMH's group communications and is CEO of Christian Dior SE. Alexandre, 31, modernised Rimowa and signed Beyoncé and Jay-Z at Tiffany, while Frédéric, 28, recently became CEO of LVMH Watches. Jean, 26, runs watchmaking at Louis Vuitton. ▶ Each of the Arnault children has been groomed for leadership, schooled by their father and assigned mentors within the company. They regularly meet with Arnault to discuss business strategies and decisions. However, the question remains: who will be chosen to lead LVMH into the future? ▶ Succession planning is a unique challenge for LVMH, as it is the first major "house of brands" to navigate a generational change across 75 labels. Arnault himself built his empire by exploiting the failures of other wealthy families to plan adequately for the future. ▶ As the opening ceremony of the Olympics and Paralympic games approaches, all eyes will be on the Arnault family, searching for clues about the succession plan. Whoever takes the reins will likely do so at a favourable time, as LVMH rarely has a bad year, thanks to its diverse portfolio of brands. ▶ The future of LVMH hinges on maintaining the desirability of its brands, and some believe that Alexandre and Frédéric are most in tune with modern notions of sustainability and digital savvy. ▶ As the succession debate intensifies, one thing is certain: Bernard Arnault will eventually have to make a choice that will shape the future of the luxury industry for generations to come. #luxpreneur #LVMH #succession #bernardarnault #luxuryindustry #familybusiness https://lnkd.in/dwtY2JcY

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The old hierarchical paradigm of organizations has reached its expiry date. But what to replace it with? These are the three breakthroughs for reinventing your organization. In his book Reinventing Organizations, Frederic Laloux lays out a refreshing and important perspective of the organization of the future. Core to this perspective are what he calls three breakthroughs: Self Management, Wholeness, and Evolutionary Purpose. This is what they mean: SELF-MANAGEMENT Organized based on autonomy and peer relationships instead of top-down hierarchy, making everyone in the organization powerful. • Decentralized and shared responsibility within a unit • No boss to report to, but leader that is coach and facilitator • Limited staff functions, mostly done by people themselves • Horizontal, peer to peer communication and alignment • Attention to local context, differences and needs • Advice process: anyone can decide, but after asking advice • Trust instead of control, treating people as responsible adults WHOLENESS Organized based on treating people as a whole, including their non-professional, emotional, intuitive, spiritual and aspirational parts. • Don’t reduce people to “walking hands” or “talking heads” • Make use of people’s full potential • Combine rationality with intuition and emotion • Embrace individuality, differences, and aspirations • Develop real, rich relationships  • Create a safe and open working environment • Make work more like home EVOLUTIONARY PURPOSE Organized based on the idea of an organization as a living organism with a direction of its own, instead of following dictated and predefined goals based on prediction and control. • Treat organizations as living systems, not as machines • No predefined goals, direction emerges • Replace predict and control by sense and response • Get out the way and let the organization unfold • Listen and pay attention  • Let people discover the organization’s purpose together • Focus on identity instead of targets In each of these three breakthroughs, the devil is in the details and in applying them throughout your organization. Self-management isn’t simply delegation or laissez-faire leadership.   Wholeness isn’t simply creating a gym or having plants at the office. Evolutionary purpose isn’t simply having a mission, vision or purpose. No, fully embracing these three breakthroughs implies a fundamental shift in how we lead, manage and organize the organizations we work for.

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🌟 Exciting Times Ahead at LVMH! 🌟 As Bernard Arnault, the visionary leader behind the €400bn luxury empire, navigates the question of succession at LVMH, the stage is set for a captivating journey into the future of luxury retail. With all five of Arnault's children poised to play key roles in the company, the path to leadership is brimming with possibilities. 👩‍💼 Delphine's Experience: With Delphine's seasoned expertise in iconic brands like Christian Dior, her ascension could ensure continuity and excellence in craftsmanship, maintaining LVMH's prestigious standing in the industry. 🚀 Alexandre's Innovation: Alexandre's innovative ventures at Rimowa and Tiffany & Co. hint at a dynamic leadership style, ready to embrace new trends and expand LVMH's reach to diverse audiences through groundbreaking collaborations. 🤝 Collegial Approach: Alternatively, a collegial approach, where each Arnault scion oversees different divisions, promises a diversified and agile leadership structure, fostering autonomy and specialization within the company's rich portfolio of luxury brands. As the global luxury market continues to evolve, Arnault's decision will shape LVMH's trajectory for years to come. Whether it's continuity, innovation, or decentralization, each scenario offers unique opportunities to uphold LVMH's legacy while embracing the future of luxury retail. Exciting times lie ahead for LVMH, and I'm thrilled to witness the unfolding of this remarkable journey! 🌟 #LVMH #LuxuryRetail #LeadershipSuccession #Innovation #FutureofLuxury Source: https://lnkd.in/d9Q_QmFr

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https://lnkd.in/ebTddt5K Good insights on country by country second hand #luxury trends in Europe: @vinted seems to be serious in knowing its customers. #luxurylaw #fashionlaw

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Is luxury cracking ? That’s the question #luxury industry observers seem to be asking these days. Following a post-pandemic boom, luxury brand sales have softened considerably, with spending hit by economic and geo-political concerns and touching key markets like China and the U.S.   ☑ Industry observers don’t only blame the external context for this decline but cite the backfiring of many brands’ recent price increases. For example, Eugene Rabkin in a recent Op Ed for The Business of Fashion openly questions this strategy, relaying that the average price of luxury goods in Europe has increased by 52 percent since 2019, according to HSBC. Brands have raised prices and protected their margins, but there is a perceived backslide in quality, that social media content creators have not been shy to publicize. ☑ Price increases don’t seem to be consistently translating to better redistribution of value across luxury supply chains, even if luxury brands are paying attention to living wages for workers these days.  Bloomberg reporter Marcelo Rochabrun hit a cord earlier this year with an investigative story that explored Vicuña sourcing by Loro Piana and called out the dissymmetry between the Peruvian communities involved in the animals’ shearing, who live in poverty, and the $9,000 price tag on a single sweater made from Vicuña wool. ☑ The gaps between rich and poor continue to widen, with some luxury brands targeted by social protestors. Demonstrators attacked LVMH headquarters in Paris in April 2023, over French retirement system reforms, and a future hotel site again last February. In 2023, 52% of French people admitted to not liking the wealthy. Twenty years ago, only 25% held this opinion, indicating a significant shift in societal perceptions of wealth and a loss of confidence in upward mobility. According to Oxfam, since 2020, the five wealthiest men in the world have more than doubled their fortune. During the same period, the combined wealth of over 60% of humanity has decreased. ☑ Luxury brand executives have not been immune to the increasingly polarized world and its repercussions on the industry. Some brands have embraced the idea of delivering stronger cultural value, perhaps best embodied by Louis Vuitton’s ambition to become a cultural powerhouse, weaving strong interlinkages between pop culture, entertainment, sports and brand identity, according to journalists Kati Chitrakorn and Adrienne Klasa. If luxury is cracking, what will it take to heal? Cultural value? Leadership values? A more meaningful sharing of value (i.e. wealth) with actors across the chain? Or perhaps all of the above… #luxury #sustainability #sustainableluxury #sustainablefashion Photo Credit: Sierra Club

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A big book & great book to read.

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This is just Delicious Art! Luxury brands like Louis Vuitton are masterfully blending art, design, and high-end experiences to shape brand perception. The recent reopening of their Saint-Tropez restaurant exemplifies this approach. Here, the fusion of Arnaud Donckele’s culinary artistry with Maxime Frédéric’s dessert creations, set against a backdrop of meticulously designed decor inspired by the Côte d’Azur, creates a multi-sensory luxury experience. I see this as a perfect example of how integrating diverse creative elements can elevate a brand. By using art & design to evoke a sense of place and lifestyle, Louis Vuitton not only showcases its products but also builds an aspirational world that consumers want to be part of, resulting in deep emotional connections, reinforcing the brand’s prestige and allure. Here's to celebrating the power of art & design in crafting luxury experiences! 🥂 #brandexperience #powerofdesign #artandluxury #louisvuitton #brandperception

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LVMH Lines Up Next CFO: But More Diversity is Needed In a significant development, luxury conglomerate LVMH has appointed Cécile Cabanis as deputy finance director, reporting to current CFO Jean Jacques Guiony. This move is part of a broader succession plan as billionaire CEO Bernard Arnault prepares the next generation of leaders to steer the world's largest luxury goods company. Key Takeaways: → Cabanis, former CFO of Danone, is poised to eventually succeed Guiony as LVMH's CFO → Although the appointment reflects LVMH's commitment to gender diversity, with Cabanis becoming the third woman on the executive committee, we would like to see MORE please → The move highlights LVMH's focus on continued growth, resilience, and industry leadership → The management shake-up underscores the Arnault family's tight control over the company and its long-term strategic direction Implications for Diversity in Luxury? → Does this signal a welcome shift towards gender diversity in luxury leadership →As the industry closely watches LVMH's strategic moves, could this inspire other brands to prioritise diversity in succession planning? →Questions remain about LVMH's long-term plans and the role of non-family executives →LVMH's commitment to a strong, diverse management team positions it to navigate challenges and shape the future of luxury What are your thoughts on LVMH's succession planning and the appointment of Cecile Cabanis? How do you think this will impact the luxury industry in the coming years? Share your insights in the comments below! https://lnkd.in/eh4tV8kq #DiversityinLuxury #Luxpreneur #Luxepreneur SuccessionPlanning #LuxuryIndustryLeadership #GenderDiversityInLuxury #BernardArnault #CecileCabanis #LVMH --------------------------------------------------------------------- ▶ I'm Elizabeth Solaru founder of the Diversity in Luxury Awards and I love coaching small luxury business owners. ▶ Interested in having me speak at your event? I'm ready to share insights on navigating the luxury market, captivating high-end clientele, and mastering the art of entrepreneurship. ▶ Let's connect! Reach out to me at elizabeth@luxurybusinessemporium.com on how I can help you.

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The booming luxury market we witnessed from 2021 to 2023 has come to a noticeable pause this year. Today, we’re sharing FashionUnited’s recent interview with Mercedes Erra and Clément Boisseau of BETC answering the question: Who is the luxury consumer now, in 2024, in the context of the pandemic? BETC, which has worked with LVMH, Kering, CHANEL, Richemont, and L'Oréal, conducted a study of 1,800 “prosumers” (proactive and predictive consumers) across the nine largest consumer countries to define luxury consumption since 2020.  What they’ve confirmed is the shift in attitudes from pre-pandemic “luxury shame” to a post-pandemic rise in the desirability of luxury goods as investment items – Hermès and CELINE bags and ROLEX watches, for example. The study also confirmed that luxury is linked to sustainability in the minds of consumers, who are increasingly becoming sensitive to the effects of climate change. Additionally, the boom of virtual communication and social media platforms like Instagram and TikTok helped promote luxury products to the younger generations, who strive to emulate the celebrities and affluent lifestyles they see online. Brands like Saint Laurent and Louis Vuitton have branched into entertainment – an example of how luxury fashion brands are pursuing experiential initiatives, creating full lifestyles for their consumers. This was a great, succinct feature detailing why, and how, the modern luxury consumer has evolved, and we’re looking forward to seeing if the market will be back on the upswing in the near future. #consumerinsights #consumertrends #luxury #marketanalysis #retail

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Today, I had the privilege of presenting XXL's (XXL Sport & Villmark) quarterly results. While sales have been below expectations due to mainly low demand for capital-intensive goods and availability issues, I’m thrilled to report a stronger and growing gross margin as well as continued underlying cost savings enhancing our operating results.   🔄 Progress on our Reset & Rethink Strategy 🔄 It's been a year since we launched our comprehensive Reset & Rethink strategy, and we’re seeing significant progress in its implementation:   📈 Improved store operation efficiency 🌐 Enhancements in e-commerce boosting online profitability 💪 Strong price control driving a better gross margin 🔧 Restructuring efforts yielding cost reductions and footprint optimization in stores 🛒 Increased purchasing in lower price categories, reducing inventory days significantly 📉 Record low inventory value   🌟 Q2 Highlights 🌟 🤝 Intention to enter into a strategic collaboration agreement with Frasers Group and to work closely with Michael Murray, Ger Wright, James France and many more from their great team to leverage synergies in purchasing, brand partnerships, store elevation, and best practices. 🎉 Quickly approaching 4 million XXL Reward members in the Nordics. 💳 Launch of XXL Pay, together with Walley ,our new payment solution to boost sales and loyalty. 🏷️ Introducing Pilago, our new low-price brand, and expanding the Stormberg AS assortment to reclaim our position as the go-to destination for affordable sports and outdoor gear in the Nordics. 🏪 Renewed and more inspiring stores for our customers. ⚽ Partnering with Joshua King Football Camp and Zuccarellostiftelsen for the second consecutive year, supporting our purpose of Sports Unite All and our mission to lower economic barriers to organized sports. You can find the full presentation here: https://lnkd.in/dXyGF-Yw   We are committed to continuous improvement and innovation to better serve our customers and stakeholders. Stay tuned for more updates and thank you for being part of our journey! 💪🌍 #QuarterlyUpdate #RetailInnovation #CustomerExperience

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🚨 Meet the 18 startups that are leading innovation in the (luxury) retail industry 👇 Last week, luxury group LVMH revealed the 18 finalists for the 8th edition of its Innovation Award. 👩‍💻 Over 1500 companies registered, with 44% of the finalists (co-)founded by women. Finalists are grouped in 6 categories. 🛍 Omni-channel & retail • EQL: E-commerce tech to offer reliable, fair & memorable product launches of in-demand products • GK Concept: Tailor-made interactive in-store technology for merchandising and shopping experiences • Glanceable: Customer reviews aggregation & analysis platform using natural language processing for strategic insights 📸 Image & media for brand desirability • Ircam amplify: Innovative audio products & services that transform everyday sound experiences • Raive: Multimedia gen AI company with built-in IP royalty attribution • Trajaan: Search intelligence software designed for consumer insights and retail media teams 🎭 Immersive digital experiences • BLNG AI: Sketch-to-Design Gen AI software for the jewelry industry • FancyTech: 3D-modeling & gen AI video content production • xydrobe: Multi-sensorial luxury VR solutions for immersive in-store experiences 👷‍♀️ Employee experience, diversity & inclusion  • HERALBONY Co., Ltd.: Empowering artists with intellectual disabilities by licensing their artwork to brands for collaborations, promoting diversity and inclusion • OpenDecide: Science-based team dynamic development platform • Witty Works: Language-AI tool for sustainable, inclusive corporate culture ⭐️ Operations excellence • Authena: IoT solutions for product authenticity protection & real time traceability • Perception manufacturing: AI-based computer vision data analysis solution for factory process optimization and quality control • WizyVision: Software to rapidly ramp up mobile applications empowering frontline workers ♻️ Sustainability & green tech • Aectual: Circular 3D printed store furniture and architectural finishes using recycled materials • JIKAN Group: Transforming agricultural waste into biomaterials for the cosmetic industry • SYNOVANCE: Natural and bio-based dyes & pigments for cosmetics and fashion 1 startup of each category will win at the ceremony at Viva Technology, and a special prize is awarded for the #1 in data, AI and gen AI. One of the 6 will win the LVMH Innovation Award 2024 Grand Prize. All finalists will enroll in La Maison des Startups - LVMH, the Group’s incubator where they receive 10 months of support, mentoring & access to the LVMH network of experts. 🚀 In the ever-evolving world of fashion & beauty, innovation is one of the KEY moves to unlock competitive advantages & get/defend market leadership. The LVMH Innovation Award - introduced in 2017 - underscores this by supporting startups that transform the luxury industry. ➡️ Which startup(s) do you have your eyes on? 👀 #innovation #trends #tech #startups #luxury #fashion #beauty #genAI

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The luxury industry presents a unique dichotomy: while certain brands have enjoyed record last year, others face a slowdown. According to Bain & Company, the sector saw a significant dip in growth after the post-Covid boom, with only two-thirds of luxury brands experiencing growth in 2023, compared to a whopping 95% in 2022. What's the solution? A combination of reinvigorated creativity, product and geographical diversification, and a renewed focus on understanding and meeting customer desires. 🌐 And let's not forget the power of digital in this equation. A potent mix of digital and physical experiences, personalized through data, can be the key to leading in today's luxury market. 📲 Is it time for luxury brands to redraw their strategy? ✨ #LuxuryBrandGrowth #DigitalConsumerExperience

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A new tribute to the #Givenchy brand. Are you ready to discover a pink planet? Here we are! 🌖I explored an eclectic style for the Givenchy collection, inspired by an extraordinary pink shadows—perhaps Mars, the Moon, or Venus. The exact location doesn’t matter. What matters is preserving the brand’s identity and DNA while infusing it with my personal interpretation. ⭐️ These images were ready 7 months ago but weren’t post-edited until now. I can finally show you their best version. What still astonishes me after so many months is the potential that AI generation platforms offer us when we blend creativity, experience, and skills. Enjoy your pink planet today! Creator: Stefania Scrivani ஃ (CDO and AI Creative Designer) Images: DALL-E Open Ai Post Editing: Magnific AI and photoshop Layout: Canva Text: ChatGPT support Declaimer: These images are used for illustrative purposes only and do not imply any official collaboration with the mentioned brand. This is a creative concept and is not affiliated with or endorsed by Givenchy or their subsidiaries. All rights are reserved. All images are property of Stefania Scrivani by legal tech of #legal_techadvisor . #Givenchy #MaisonGivenchy #hautecouture #aifashiondesign #aicreativedesign #aifashiondesigner #aicreation #aimagazine #aicommunity #aidesigned #aicreated #aiartcommunity

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Overall a healthy/ welcomed growth rate normalization Yes China played a role but we see growth rates cooling down across segments/ regions Luxury is all about maintaining scarcity/ desirability Large scale (>$5bn yearly net revenue) luxury brands cannot grow sustainably at a low double digit CAGR while maintaining scarcity/ desirability The below is not a sign of weakness but a much needed cool-off to enable sustainable long term growth #luxury Kering CHANEL LVMH Richemont

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I am commenting on Fabio Becheri post (link in comments) No doubt, Mr. Arnault is a visionary. He was able to build the largest fashion empire in the world after investing in LVMH and eventually securing control of the company. Currently, LVMH controls around 60 subsidiaries that manage 75 luxury brands. However, the industry is always on the move, and the people who support Mr. Arnault are his loyal employees and his children (maybe a little far from reality, just a little). The desire to be a supercurrent does not always result in success. Virgil's presence in fashion gave the illusion that high fashion can function properly on a designer's social skills versus design and experience. When the GIVENCHY job became available, it went to Matthew Williams, who had no women's RTW experience. Even looking at the first (black and white) picture of Matthew in front of the Givenchy atelier employees, it was obvious that this idea was not going to last. The media specialist Camille Miceli (Pucci Group), who worked with Raf Simons at Dior overseeing jewelry, also has no RTW experience. Some would say that clothes are not a focus for commercial brands, but runways are still important. In the case of Fendi (as Mr. Becheri mentioned), things are even more confusing. Despite popular belief, the RTW during Karl Lagerfeld's tenure was not successful. If not for the Baguette and Peekaboo bags, the furs were still the only desirable items from Fendi. The situation after Karl Lagerfeld is even more puzzling. The first couture collection from Kim Jones (again, it was a COUTURE collection from a designer who had never designed women's wear) was so bad (all those mother-of-the-bride dresses and copies of Romeo Gigli's earnings) that it was painful to watch. Later on, the collections became more focused (probably real women's wear designers got involved), but it still didn't mean much. It is a confusing "group" - the Fendi family and Mr. Jones. However, I want to mention that whoever is in charge of special projects and Asian PR is doing a great job. Fendi secures the biggest stars of the Korean Drama world, such as Min-Ho and Song Hye-Kyo. Contrary to the usual ambassadors' looks (it's difficult to understand why samples are not properly tailored when given to Asian celebs), Song Hye-Kyo looks fabulous in Fendi, and this alone, I am sure, contributes to the South Korean business for the brand. Another example is the collaboration with Shanghai-based multimedia artist Oscar Wong, who has been working with Fendi since 2018 for the 10th anniversary of the house’s iconic Peekaboo bag, continuing with the Fendidi family, a quartet of pandas for Fendi, in 2019, etc. So, if the brand figures out who should take the lead as a creative director/designer and keeps its special project team, we are in business.

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Sunday is reading day! Happy to share many of my retail contributions! Check out : 💎 Luxury and popup retail reads in English and French 💎Several academic papers 💎My latest retail manuscripts And the links to othe retail content! #topretailexpert #retailenvironment #luxuryretail #luxuryservices #luxuryenvironment #retailmanuscript #retailreads

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We just launched our latest collaboration with Istituto Marangoni in Paris🚀 Discover in this video the “4 Most interesting tech and innovation trends in Luxury and Fashion” powered by Hotpot Italia during Viva Technology 2024🦄 I visited the LVMH #InnovationGarden to discover the most interesting insights of the different maison and got in touch with top managers from companies such as Tiffany & Co., Guerlain, Loro Piana, SEPHORA and Louis Vuitton to understand the skills necessary for the future of work!✨💪🏼 A quick recap about the 4 Most interesting tech and innovation trends we identified: 1) Personalization ✍🏼 2) Conversational Commerce 💬 3) Immersive Experiences (AR - Augmented Reality) 🕶️ 4) Store of the Future 💎 What do you think? Are there new tech trends to keep track?🤓 Let me know in the comments!

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LVMH's Bernard Arnault has invested a personal stake in Richemont. This has sparked speculation about a potential takeover scenario. Bernard Arnault has taken a personal equity stake in #Cartier parent company #Richemont, It’s unclear exactly how much of a shareholding the #LVMH chairman and chief executive officer has acquired in Cie Financiere Richemont SA. In jewellery, it would combine Richemont's Cartier and Van Cleef with LVMH's Tiffany and Bulgari, creating a so called “hard luxury” powerhouse. 💡Below are the 13 largest luxury companies by market cap. $LVMH's market cap is already more than double the combined market cap of the bottom ten companies. for sure "Acquiring Richemont would catapult LVMH into a completely different stratosphere to the rest of the #luxury industry", as highlighted by Andrea Felsted. source The Business of Fashion Vogue SWI swissinfo.ch

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