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":"53c17b693e909a282f9f64ea7cb88bda","s":"4141eb88b5cef309"}