“The luxury segment? It’s been growing for 20 years and, on average, it will continue to grow at around +5% to +6% yearly”. That’s the belief of Antonio “Toni” Belloni, managing director of LVMH, as he accepts the end of the euphoric consumption period. He goes on to explain why the group he manages continues…
Belloni (LVMH): “The time for euphoric consumption is over”
