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The Central Bank of Couture: How LVMH’s Horology Play and Hermès’ Secondary Market Entry Are Financializing the Luxury Sector

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By Olivia Grace ChenNov 14, 2026

The Central Bank of Couture: How LVMH’s Horology Play and Hermès’ Secondary Market Entry Are Financializing the Luxury Sector

LVMH’s $4 billion horology acquisition and Hermès’ official entry into the secondary market via its Heritage Buyback program mark the terminal ph...

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#aspirational consumer

The Central Bank of Couture: How LVMH’s Horology Play and Hermès’ Secondary Market Entry Are Financializing the Luxury Sector

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