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":"0c5be1bc08cc362e9dfd375cff35d271","s":"928095018dbfbb43"}