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":"5496054f245c916330d945d7c0d7bb68","s":"6f9c7154a308a21d"}