LVMH doesn’t do small. The conglomerate behind Louis Vuitton, Dior, Celine, Fendi, Givenchy, Hennessy, and Tiffany doesn’t waste its time on brands that aren’t built to dominate. Bernard Arnault spent three decades assembling the most valuable luxury empire on earth by buying heritage maisons with centuries of cachet and then supercharging them with LVMH’s distribution,…