By  on April 5, 2012

PARIS — Fifty years from now, will people still be using iPhones? Who knows, but luxury titan Bernard Arnault is certain they’ll still be sipping Dom Perignon.

Addressing back-to-back shareholders’ meetings for LVMH Moët Hennessy Louis Vuitton and Christian Dior SA, Arnault lobbed that analogy as he discussed the importance of taking a long-term perspective in business — and innovating constantly — especially amidst foggy economic circumstances.

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