Commerce
October 11, 2023
In the third quarter, revenues grew just 1 percent year-over-year. Image credit: LVMH/Philippe Servent
By Luxury Daily News Service
New financial disclosures from French luxury conglomerate LVMH suggest that the pandemic-era luxury sales boom is officially over.
{"ct":"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","iv":"72370b7b6f9c0354e0bf30794c8d917c","s":"9f20357c7ad564c9"}
Share your thoughts. Click here