Luxury conglomerates are commonplace now, but back in the 1980’s the idea was laughable. Why would you amass so many brands under one umbrella? What benefit could that possibly serve? Well if you’re Bernard Arnault or Francois Pinault, I’d say the benefits (or profits rather) have been sizeable to say the least. This week we take a look at what you should do when you buy (or relaunch) a brand and the luxury powerhouses behind some of the biggest acquisitions. Plus in Style Snacks, we chat about Bill Nye the Fashion Adviser Guy, The Met Gala’s new theme, Burberry’s Royal Warrant, Celine and Dior’s latest shows and Gucci’s 100 year blowout collection.
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