Sales for top-notch luxury players were good in the first three months of 2022, mostly thanks to Europe and the Americas — as China faced new COVID-19 problems. Image credit: Gucci
LVMH, Hermès and Kering suffer from China’s COVID-19 clampdown
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No 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","iv":"6b03a3df53afa88523bd28c025c74e43","s":"0cf6397366ca138e"}