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 Bya Luxury Daily columnistOn In Featured,Industry sectors,Retail | No 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","iv":"7410677d14324a346e079b1fb1435a9b","s":"54773a338056435d"}