LVMH continues to defy expectations for now, reporting stronger-than-expected sales in the first quarter. But with China’s latest wave of lockdowns, what will the second quarter look like? Image credit: Louis Vuitton Will China’s latest lockdowns hamper LVMH?
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LVMH continues to defy expectations for now, reporting stronger-than-expected sales in the first quarter. But with China’s latest wave of lockdowns, what will the second quarter look like? Image credit: Louis Vuitton {"ct":"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","iv":"e0d4a6aa1cb54e1c2f5e60a7d7d3f97e","s":"6c1d0c99f560433b"}