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LVMH's U.S. CEO is glad 'annoying' quiet luxury trend has died

Summary by Fortune
LVMH U.S. CEO Anish Melwani expressed relief over the decline of the 'quiet luxury' trend, arguing that while understated elegance has long existed within LVMH brands, the trend limited consumer expression and choice in the luxury space. As the industry shifts, European luxury brands now face a new challenge in the form of potential U.S. tariffs under President Trump's proposed plan, which may lead to price hikes that consumers are expected to a…

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Bias Distribution

  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
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homesandgardens.com broke the news in on Wednesday, May 7, 2025.
Sources are mostly out of (0)