The Prestige Edit

Lvmh

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A luxury boutique with closed shutters next to a lively local street market, symbolizing the shift in luxury retail strategy.
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Luxury Brands' Retail Shift: LVMH Sales Fall Amidst Travel Retail Decline

LVMH, the world's largest luxury conglomerate, is unwinding its duty-free shop operator DFS, which generated €1.

Sebastian Duval·April 14, 2026