The point on the competition between Kering and LVMH (if there ever was one)

In the competition between Kering and LVMH, the former slows down, while the latter accelerates. Gucci had until a few years ago the ambition to reach the business levels of Louis Vuitton. Which, however, has pressed the accelerator pedal and doubled its rival: 10 billion turnover for Kering’s flagship brand, against LVMH’s 20 billion. Even…