Luxury stocks take $30 billion hit as LVMH, Hermes lead slump
TIL that Louis Vuitton burns surplus bags and products at the end of each year. This maintains exclusivity of the brand and ensures that their products are never sold at a discounted
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Luxury group LVMH beats expectations despite China drag on sales
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LVMH becomes first European firm to cross market cap of $500 billion
Historic presidential visit accompanies Vuitton opening, Local News
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