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?
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No Comments{"ct":"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","iv":"8995d34e4c5e971f178b9cca596e1e2b","s":"6c53dfe43d363b43"}