LVMH basks in hand-stitched luxury bubble – Breakingviews

LVMH basks in hand-stitched luxury bubble – Breakingviews

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The $220 bln French fashion-to-wine giant leads a platoon of increasingly pricey European bling stocks. Double-digit sales growth and a diverse business empire should help boss Bernard Arnault extend the run. Smaller peers may be the ones to watch for early signs of lost sparkle.

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