2Anno
RL is, to my knowledge, a strong brand and an acquisition makes sense. While they are not in the top price segment they are still more expensive than most brands. The margins were allowed to be quite good 🤔
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2Anno
@DollarDon I agree 👍 I also believe that acquisitions of this kind and the "expansion of the empire" will pay off for LVMH as market leader in the long term, even if it is of course associated with high costs in the short term 👍
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