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2025-11-25 08:38:41

Marketing Strategies Driving the Luxury Goods Market

The luxury goods market features intense competition among established conglomerates and emerging niche players. Market leaders such as LVMH, Kering, and Richemont dominate through diversified portfolio management, global reach, and continuous innovation. Product quality, heritage, and brand prestige underpin competitive advantages. The competitive landscape of the luxury goods market makes...

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