Louis Vuitton owner LVMH adds hotels to handbags with Belmond purchase

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

LVMH increases presence in luxury hospitality sector with the acquisition of Belmond - LVMH

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LVMH Is Buying Belmond Luxury Hotel Group for $3.2 Billion. Here's Why

LVMH Just Acquired Belmond Hotels for $3.2 Billion