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":"98e5d717007b6758e757901a9ad8b182","s":"d5c1bd14798abbfa"}