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in Business
The fiscal year 2024 has unveiled new leaders in the corporate arena as major companies position themselves at the forefront of market innovation. These organizations are not only industry leaders but also trendsetters driving the global economy.
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In an impressive display of market dominance, India leads the world in diamond exports in 2023. Alongside other major players, it marks a significant year for the industry.
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Luxury giant LVMH, owner of Louis Vuitton, Sephora, and Moët & Chandon, has released its 2024 revenue breakdown by business group. Fashion and Leather Goods dominate the chart, while Watches & Jewelry remain steady and Wines & Spirits decline.
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The geographic footprint of LVMH in 2024 reveals a powerhouse of luxury rooted across continents. With Asia leading in revenue and Europe maintaining a stronghold in employment and store presence, LVMH’s distribution strategy reflects global balance and localized strength.
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