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LVMH Expands Luxury Watch Business
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LVMH is expanding its luxury watch business with a new watch division and high-end models targeting the global luxury watch market. The company aims to reach over $37 billion in sales by 2032, focusing on innovation, cutting-edge materials, and creative designs.
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How might LVMH's expansion in the luxury watch market impact the overall luxury watch industry?
In what ways could LVMH's focus on innovation and creativity influence the future trends in luxury watches?
What strategies could LVMH employ to attract a wider range of consumers to its high-end luxury watches?
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