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Hermès Dethrones LVMH: The Changing Face of Luxury

Hermès dethroning LVMH as the world’s most valuable luxury company signals a new luxury paradigm for several reasons: Shift in Consumer Behavior and Market Dynamics – Changing Consumer Demographics: The rise of Gen Z as a critical luxury clientele is a significant factor. This generation has different expectations from luxury brands, focusing on personalized clienteling, […]

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