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":"HMq7Q\/X0vQ6aeanTQXkFolKXsiT0koNDx1MrK3KfnVHJUivMKuTKp\/koFxL5e+PNFbJwiDDvnYycTTjKMz3FvU3hA5e19vTyGQZFpHzy0MQfrjDhc7izoRDehqrqzqUVPX\/tka7ftkSLgbPfYxVMKnCzW3Sg\/q2sTv+JRLH+gHxzwkPpObxlkwMdYTRFH0Wg0y+ZxylwB3nX1xm2oToQgZIKzquL3D+gAkK32dlo4aiUMeEvEzBsAsT1Sp0fKLu3+kv9pwV2QbVo\/3RBYna4iwogpavA9TWK0tv68fTwNldfYpCXNyNEK2dARHkUORsUj54B7m6AtieuMBWQYzlylXaFU5rDX5lCyMrtSPC4GQSEPMVWKK6BjzRRg4eWFsBBQ6apA3zA\/dZ86AB0yDpM7oYFis9XG9BV4zTV8524bz5UV5rXAiP62oAAyYx8hCLLRtNmdmXCp5DcjOGIV0ckJzxSRaeRoB\/LxR19TNanDSNcv8YxOZeC8aCxSi57LeL+adhZt0jg6MZxSAWG26k6B0ZAiFZLTb0sAC97zm1ErPYFcOh6SIa9ln4vPK66slGneMT04d8I\/7sFGcXzM9n4CxiUB5pOyEPRBbVyaS8CalkTW+TOWxJKjH8QAcp7+H2gRGkETejvssJknJz1uowjMy2eYgrEkZC+oSNWMUyJoxEYRDnn7gLBjQpib0Icg6zK4otNNbxud7wLWd1aVwqoRYRJ6Z8Dp6Uzc\/\/I2hww+HS0qUJ\/ROFeDzV8Qb2PziVXZMRFwUTIo6spxw5ja2R0ZnSUmg2eoiDe4c5NnC2Ez\/fYJTWswT6MnAQq7ujHj8xI8QfVcoq3uBYAFyKobw8IvhkWlfH3IAH1Ruzp+Blcytr1RMk+m6xt9jhKBU2m7CiyDQrEYiv0uZoxkHUr15dUkNuPjsH1+TRbNq69FyN4qfk6PXYHz76tFc2rkrMdrvGL+lbtaXRSdly\/Yl2UqcyE6PbFoj+Wcd+4T6hboB8NXhKD6LMldreOwvf95oP257x2lHFMsiChcqHHX7DPO1lUtC\/DR8ZBkwml5Sklc1ttmxCYRyKUHVx47aPb5y\/919Xgh40Wx50CnSBNQvQjf0TYvAPi+sptf1M9r6IGXkr84I0vCzOaE91Hjd2dtVk61bAR2M02t4g9JnSxcjHACd3\/8rKlwOo1tePaF4gjdsxveotDDAO5QYqJQj3qpaPZi6NavywHd8mafe0RJ265O8QoJklxsvT\/G\/XQ1evJy8ZR+ZjCL\/\/N+lL82BMd34DnGnk5Dd9jpi5Zn3HvBsdM5Io4kSO1LahajSautjxaG1dboiMz3Che3HpQXnJeeAIPSgv\/jHM4t+iC1kO92wa1jYSjlHfgLn1wJ1ChCskPLTmT4\/wTwPY2kTkkfUMEqlLnO3yNqV8jRt8IOFcLQI4Mzi+kDd35XBhRDY6r\/FfHljeCA01NnqpxWrAN0Fx9Esc4EWrFRfTxEXcP7mIBJmKzGOZDimY\/Tkqrs86JrtUWABQa7WkGh3PkeFva7G\/ctQvCiVDIq\/j2HlJuKbB8Cl1j+LdtDB7UMqLickudr7o0lFtQZ3n+1Tmz4a3xeDG8Pk86DdN33Zvj1wwc0f8CEKk\/k6hAsbTgnUDm3gPGCB6ZqXpYofWX0fXLZmBXvyX0gVAgLUm\/NSWF\/oV1vtycfwrJmgOiAvzH9QUy5eJAEFKXrZllwU6yHQT0g+u8V7eKPZhQc7HHW7jKS4pity85MVH2M\/0pnlpm8y1RKzF6Bl08xO0lCuUH9ZJxX8iR4IySVTTi0j3WvAemD157vN2KeAZZVXP5S8EAbPR5d7ymAGw8xA8ctks4NywChF8P1Vw6PRLCshiVKlEdIP7fPHKPwL7Kh79hN4zC2OuCtdgbi6viyMqV3+pAQRB26tSeD6QpkiRWssP\/9gBKUvQjMFlZGQKy2GqMACTFuwcMqKf7zhKmrrcIMkJqdRncB2CIYIe0XvLUKjdqRt5Hqaxl7oa\/1Rk5lj+UZ8mMYtR\/Qbt1pjDcwIwtKHDGeAC06yvZGUUDWV4FrEAfF6SW8MT2VUtmv1+F1q6DVHBW42\/bpz6GZC1EJNTYB0V7yBNeaXBl55y1XbqaJG\/A7d52Ssl1T1fKDQXu+DcLJw5ZIHP6+6HnmhzpRSopK22tQ9q3hIir\/yA+mMCGJtXKl726ZlkFjXQhs4Vat\/Ne5fmZ\/HA7YYvXGf1iHv8M5U92S9H0zEsLaU4TnwaA\/MfSSL65qwBeLyckcJPJ8fJuXuhsW0dRqvnKkVlLvfkeTdlrBKhc+H9Br\/RHdNOssAVRrQ6HAyyoXPkqs0020uUYQCSaH3wUq5bXqTsc5\/Dw2K6nJI2njPfdHygzzrYdhGAi9V2O\/HgZZmoIDEricvmVsvTGMIFjFrJ4b8Ld0bewa8JyYpcfawleb5Mh8WYLjUXYKEdj1mDMP4P0iaOF5uR1yrjwSN9cz8wqwAU\/2MOqUL9vH\/2QJra9hcuFEasl3PClaHzFo0GI34wHVmI0TdHSPv36pHDy4Jd0lRhoO\/pFcWulxZrhepz6FWkqzybsrhNQHE4WuApHskQL31G9sFvrr\/zf1WkLiNIP0ttivlkmFzGtZ+Xjl0Nh3HXYmY+l7f9M2e57BH+v8BFfWHpPgo8G2MZC6iqfYvmAjCOxoLHpI6ZrjZg6xfzc48PRxsCNzkpq15XiFl2i1r+6JaTUiht2Y\/ELQ28FS2cHqhdtDiP5COOZqcTGmIfRnnJqFka4a3W+\/ocHo1YEZp26cHhde3+NFw2L8G97t7S5to6wpnJ7Rl8T80I4S8TDXi0E4tRX4Lwt\/5nw6f\/Fzg66Uq+KZmFqLl5lg\/qnCIVbr6gdGXR5\/GEOJbBrOKlqy8vYKjD6l0W+vhvF7HRfwIVooigiTWSyls4Ss\/h3c8GpPjY98QTrSQ08OWg87YyxG1Hyq4VaqB76J0cD6F88giLF2CDDvmOP6Jcu5WUDV7UvHIvDk045FTcD15mooOcFp1tIh5Q0WadR\/UViZHU+zV2IWjnHOosMvSuGFwRHZ94joUZu0fAtQmqdU4QT2kgdrKqCuRUsiPedpXDaM+y+\/DhgycLsjwRh9FX4wWRx58mG3QTwPRxS+5Fpfmp05HUn2arP9h4FXGROwAM\/3royEUaEQG8La0VRbuLL1+9AdOQMn6pFCWX\/wbAUqOSsMCXRhR5dCuvcmSvkDSPD4sLyKhTQAIKeaXVPP\/\/MHJvg4EPeeq7mnw46LSxHJ5ALlgcJ6w5jvogb6GoTVcOBm0A32kCyQwb7GXpX7slh9iZLtnIpU\/DthSMkOHOrnfmFwtjn+ja0ubCKRCVYvJQrr1qAFuv32wwZI5VrDPOZtIyZCSQp\/eY6VuMS7JZaL\/ZGybTp5b1tgFLl8sbycRd+iTRvHYWR36Uw0BhzvgTqEi60WOKCl\/hojvfYReUAxQlCQMFlCbrZGwGnz8bVnRDLHlaVssCC8dpHAji0UqMluEtMZobxMbB\/iHSjD7nA7BsO0Pxct\/JYJTkh3ElvjnbNNh4kEdgttqQhQlqv3Q4d3Ywi9LC5OTDZ5bZFdvPlG6lL\/Dz9Bd+yaIOdxoJBqpZeg8+YRT3xjd13ejEcXsfUcTEClX8qWl+QheUfr3MHG4sgyCNoXtBV6ZexW+qfuciJ+kw5rKulPATJ3idLRBnczO9DGEyi2RZzqd4SYQsLpLPOOQLWxppIEC9P2NERbeRCRRgskO3Q+q\/eE+KhxQ==","iv":"a3843d213f5f86d583e4ce031df650d0","s":"dd5c5c7c08054406"}