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LVMH owns literally hundreds of brands, many of them far from luxury (Birkenstock, Sephora, Fenty, etc). If one brand goes out of fashion, they'll have two rea
by rippercushions 3y ago
LVMH owns literally hundreds of brands, many of them far from luxury (Birkenstock, Sephora, Fenty, etc). If one brand goes out of fashion, they'll have two ready to replace it and the budget to buy three more.
- HDThoreaun 3y agoBirkenstock is absolutely a luxury brand, just like Nike.