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<article xsi:noNamespaceSchemaLocation="http://jats.nlm.nih.gov/publishing/1.1/xsd/JATS-journalpublishing1-mathml3.xsd" dtd-version="1.1" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"><front><journal-meta><journal-id journal-id-type="publisher-id">SSR</journal-id><journal-title-group><journal-title>Scientific and Social Research</journal-title></journal-title-group><issn>2661-4332</issn><eissn>2981-9946</eissn><publisher><publisher-name>Bio-Byword Scientific Publishing Pty. Ltd.</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="doi">10.26689/ssr.v4i3.3716</article-id><article-categories><subj-group subj-group-type="heading"><subject>Article</subject></subj-group></article-categories><title>Mergers and Acquisitions Strategies in the Globalization of Luxury – Taking LVMH Group as a Case Study</title><url>https://artdesignp.com/journal/SSR/4/3/10.26689/ssr.v4i3.3716</url><author>LuGuanjun</author><pub-date pub-type="publication-year"><year>2022</year></pub-date><volume>4</volume><issue>3</issue><history><date date-type="pub"><published-time>2022-03-23</published-time></date></history><abstract>Using a combination of quantitative and qualitative inquiry, the development of LVMH Group is taken as a case study to examine how the frequent mergers and acquisitions of luxury goods groups have had an impact on the globalization of their brands. Through this study, it is found that the number of brands owned by the group and the number of shops worldwide are strongly correlated. Therefore, it can be concluded that mergers and acquisitions have had a significant impact on the globalization of their brands.</abstract><keywords/></article-meta></front><body/><back><ref-list><ref id="B1" content-type="article"><label>1</label><element-citation publication-type="journal"><p>Chung Y, Kim AJ, 2019-2020, Effects of Mergers and Acquisitions on Brand Loyalty in Luxury Brands: The Moderating Roles of Luxury Tier Difference and Social Media. Journal of Business Research, 120: 434-442. DOI: 10.1016/j.jbusres.2019.11.030</p><pub-id pub-id-type="doi"/></element-citation></ref><ref id="B2" content-type="article"><label>2</label><element-citation publication-type="journal"><p>MarketLine, 2019, MarketLine Industry Profile: Global Luxury Goods. Market Line, December 2019. https://store.marketline.com/report/global-luxury-goods-3/</p><pub-id pub-id-type="doi"/></element-citation></ref><ref id="B3" content-type="article"><label>3</label><element-citation publication-type="journal"><p>Donze P, 2020, The Transformation of Global Luxury Brands: The Case of the Swiss Watch Company Longines, 1880-2010. Business History, 62(1): 26-41. https://doi.org/10.1080/00076791.2017.1291632</p><pub-id pub-id-type="doi"/></element-citation></ref><ref id="B4" content-type="article"><label>4</label><element-citation publication-type="journal"><p>Taplin IM, 2019, How Luxury Brands Maintain Their Luster. Global Business and Organizational Excellence, 39(1): 6-13. DOI: 10.1002/joe.21977A</p><pub-id pub-id-type="doi"/></element-citation></ref><ref id="B5" content-type="article"><label>5</label><element-citation publication-type="journal"><p>Louis Vuitton Moët Hennessy, 2003-2021, LVMH Group Annual Report (2002-2020). LVMH. https://cn.lvmh.com/investors/investors-and-analysts/publications/</p><pub-id pub-id-type="doi"/></element-citation></ref></ref-list></back></article>
