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Buy custom LVMH: Diversification strategy into luxury goods

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Topic: Business
Number of pages / Number of words: 6 / 1488
Essay's paper body

Although they experienced a growth in sales in this area, they were only ranked #7 in the industry, giving them something to work to improve.

With their other business acquisitions, LVMH was able to pick up print publications, newsletters, a radio network, an advertising company, press agency, and Internet sites...


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The e-luxury website offered fifty plus of the world's most exclusive brands. The website was a huge success; it is believed that the only reason LVMH experienced operating losses were due to development and expansion costs.

Speaking in a corporate sense, much of LVMH's growth was due to new business acquisitions...


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