LVMH Group First Responds to Recent Litigation, Calls IP 'Absolute Core Asset'

LVMH Group has made its first public response to ongoing litigation disputes, declaring that intellectual property is an absolute core asset. The French luxury conglomerate underscored the strategic importance of protecting its brands and innovations, emphasizing that IP is central to its competitive advantage. The statement comes as the company faces legal challenges, though it did not provide details on the specific disputes.