The Case of Louis Vuitton and its Deadstock Dilemma

Answer the following question using up to 500 words and submit your essay via the dropbox below.

Imagine yourself in the (fancy) shoes of LVMH CEO Bernard Arnault and must choose between maintaining Louis Vuittons policy of impairing deadstock or opting for a different course of action. Which do you choose and why? Be sure to explain how this move will keep important stakeholders (e.g., customers and shareholders) happy while safeguarding the company’s brand and reputation.