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Bernard Arnault breaks silence on LVMH succession battle
French newspaper Le Monde reports an intense power struggle within the family of Bernard Arnault, Europe's richest person and head of luxury giant LVMH, over who will eventually run the empire. Arnault has broken his silence on the succession question, though it remains unclear which of his children will take over. The uncertainty has long been a focal point for observers of the global luxury industry.
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