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":"d26ba9fe550d3b3a0d30d0e5e0920a19","s":"b1e79c56612ec35e"}