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":"4f96225565e324b5704ae41d8d2627f3","s":"f57b9a1a0e43aef3"}