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News briefs

LVMH, Mercedes, Land Rover and Asian luxury brands – News briefs

April 16, 2013

 

LVMH sales pp 5.5pc
LVMH Moët Hennessy Louis Vuitton said April 15 that revenues for the first quarter rose 5.5 percent, a steep slowdown from the previous year and perhaps an indication that the slowdown in luxury in China as well as continued economic volatility in Europe are beginning to hit the world’s leading brands, according to WWD.

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