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 Bya Luxury Daily columnistOn In Featured,Industry sectors,Retail | No Comments
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":"6dDuESgYdfVgWIc\/Fu4bFo7hcXQpkHylnL2TSbfhf7C+Xn2TQt7lcUuDtT84cgJlXE8qHCKQy0YbcjOvqcceAG1g4yr3rcHzdUF5K5c4coStu1RYP1cYyLsAlP17gqvMa9T6Dc\/ds81cKRBbk7t+gdPTSh\/oH+sMbd4WQjY6w39rqWwO1vff0dVGDqMTPJc36zVYzbLyQxlSdOVBZZcwXAdT6TE3YSQ2tnxNB7MTwUSzbhuUZi14Y6qR68lACkmVJlAlyeULeiNyy7daXhuLiQMIpg8jZABAcD8CPd9XyzsNZTZHWqor\/TEXa+gq6M2ssRn5trt5DVW8tIvsh7X29pouznVI96vvthWRh+pNAsbV7IxoRoHhjSHfc0252P5rQo\/gkYWp9Orzvjq01FxsUSiP8fNjb1dqYJFeAiMd89qV8RkqAUm56wSDsWoj6PYG7RaQc2Y040xFSxKLpg3E+f04gg0NKY3bxYt\/cJ6aKXF39xmsA8ZKU6qyAA\/GGdsKhXIAs36I81xgNa+9YvfI\/CYhP2OqZx8DlWr050403QFL1k7lzUHb+AbwTsqHeDYL3b5TiMi8AwtDiM8pTwBAG1L2WAqEb76U4IhUYyZr+PAKt0+1mjA5V+hrmFlk0+WBcAD8cZZpwrqU9mcGfE\/aarjF6LGDzkN13PPNfPkoeqlqX6k0NJjtarbtdT50pOxoE23WbLo0CxpTaLNoiuCzwha\/Vy1RhezhRMvgNnpmjz9Zc5tgkB6REbrC2vuH9LPN4SewtufMJ6pgHoEuZa9Kf4MyBPvpvSB7YUQQWPxwiOEy1Sk6ckhfKaF0+t0NnPdvTMb\/eopjCNFck1MCztIf8sZzyaNNBQE67a1KR6sTC00Y6zoqV0BxibMVWOqwokoijXhdywQZujZrvmdHgM6j3KahcOdyfWfJd\/qSHuk5xmb8zYTAM5lcFlyKsJ0\/BBs6SaSnJ6rLOnRzLnUCwY7h0ZKGFylFfCprsdqsiCp7mk955A3n+azPiZwwv8gyaIf+g0Whz2tcUQv51fG6+A+hnG\/XeNLihgFcZFNs0C9dvI9vjELZXMUB9+grrxFA0LxIVXV3ZcOpgH\/RNACRkP8X6KfOWTJaPoJi9fAhtw6cPmi1o7ocyyDAQ6kXXCBpeUR46e220z+VTX17bL1tANmOiDJnn9pyqqAS3eRVpfuQkswrZZHyioVwCq4EJIUo3TpmuOFlP6Ij5T5E9n3dgmmIRPnTtsz7h43F5CS4qNwO2jvowsyvAGdUXRh1l\/FUAvfLnoCMe0wDdODtwUMsNRxDJ+UTKQo\/ho9ojsPr\/VjH6s6statZWrtz7+dJ8FbzPXpRIR5AnUrMir\/YvUqGbWrAIfTJ\/XBv\/sXP50sWMV62rc1BE1nZAeuyb70rkozPUoapskE6lrY5+XXVZB\/r30Y3tSf9wy\/\/9fwWgfYfb4F4Nyx52uhGpQ3iSgGVU7\/JCsvXmvZBU5CiO91emF9\/bQ3pnyTfYrGgL3tt7vsHz2hODtfAmiJpqJ0qZLRqjxDpZ2xLE7FNPKed\/VoIog6F4efvkZhEzjYtIjB39dhiwk18qISFA+azu51\/8R1YdA94zc6Y3yJeRAx2LU1JOTzAplRcFFi2iufP7BCG3Eb0IYadxg426tMdjQkIZEU13GIUYS0qfFNVqmXd52zJdixkwfC8khhcaSTUCe8cH5NVMiAXaRUxxeGEQJo9tQvidsEK7qviFXYqW0U0u1tUIV2GJBYMLYcaR3O28Q9ssiztAkZ4\/CPP4WbPKvWwj037dfeRDsc2rvUrFe5OIs85I6lmzobWfku8EH7Ubv8lKf4QQk\/r3UDRxhu0kcIjwu2ja2mko\/CkHCGWkhXWQkPVTEGWMnL918mqFPuXKNlmq0AYrEsEVM2dO9Ubb22ZNgt3sEcjQ6EHqqlxsE+SO1ielDuYyJB20buOur4gk5lhGTqyMOpawXCM93r9fHQ9+ve5RHSpJowpGCOJ0okRBlg\/pInZXBun152TrQw+Sldo4qDUCRf5a3hw10jUBFx4BOjxTTa\/D9SuEe1pwEdVfZ6LRC1UOZTKpEhrGQqrLZn7ge2wtswwLjWlBu7zyam9i5bmqf5SIGFrJPRpDiwXbgifyrNKqrzqGW6YZtwrCILI9\/xCv8zoggJUb3gRo9nK64opw1fOL5X4064u4CHU9335Q0E2m6edbwYkcLPwDJloBXhtwK2tGmQVgNNUytzDIs0ZDFy1m26YOyctQ87YYV3hIbZa0cLwAPN1dzHfmSe4pWbuhDtg1moomLyXqcV5CuehJcG1XW8khkfUjWmmEAprIyYyXLBv\/6x+4spjMyy27NnqNyxAFkDcoaT\/E6bnokUHj1eLY0BhiBZa3jYLvanjDyTLa5JrU1fRYJ117l4HC+yzPA2rqD3soKrkUX9486GjK6wRDCcfTKuexX52ay+mYCZwGV4RE3S7Had97JdtvO+VPqyJGoa1Ole5InkraN1kuI8EJFpDC4xHTYJRETTq+kzmzpNuhiuelmhZEpAgfevr6nDt0lAFQiRdNQLRE+qur1aiF2wIc32ceZ\/3LRH3JQHzijs8fhKiUthsbP\/qcLQPj1V2Ge\/mMdgaTArKUxaF9CPuu7j6Tj+\/G2M\/TvM76syL\/XpJt9CKC\/4OApkvkHZnfFPBbSdoElGBXbWzkZnILdKF2vqqC7bR3wJ47RMZI6GjEYF6CEEWCOzFQNJmJiBX6oFjvg9coZFSLg9LIst\/HLsGvq8MaWTqZ36y+6WbdGKYsuN8+GtMMYUhXyknEaAsI5gOOS6G5N61nx5whiXPigDFoBoBcckvPyFKtsQaiiS0xYllRnKKrKiFnxRXw9eYV1P8aBuG0RGypj75h6eewhNi8p3VTLSpqAoOUifDcQfJgWuSQgwbJISxFTDD3d9HXDbykSbX+qnjUmKlz+3ejYDh+m9NrEwp0PLY+KsOBt6EONSZFXTlpAdXAXRPE3R9pXcMpv6Nd5HrPfDnOwy15MMJtxiTYvyeZFx1QpP6DPjlmIlzBNOskDVtlKEVLIBrpCacH1nYdRUmRUlz\/HasB9gKY1+5tNog4x5rQLDT76YAxEjUZXTPoT3SYG\/2MOq04nWk62g8PFtiWmy6MghpKZ5zV8xRC+IXO6JTRtqsdjm4EtEDUJ3xffOTBSDz57OOx2XHYWl1k2y+vQZKgtl3+w4wcHXGhRzH8HY3aOScRlM8HGmwhozkjfjFaGuECWTF341vCMCIkkL5CnL42hSmgdAeRb6woQ1vQmkaoe0ky01XL7VuhMa41wGhDVMYQ7PDuOoLMAcshURH+fhvvIwrBT9W7sPzmlxO2E6u7jF5M1gOWzIOrlxIRWsPpFX9Kr54CGVsT+pRGZVCIurxWO8RU60rFkxVDnuDG7icuu8MvKjmD1Wji\/AKwd1+63jzxmOcEABVxTosKzQtdUfgKUP3T4Z1XjkOyau6okdo8manUYmMg754RTArAWYJhQzZYpqTcM1assYK5XqOt4nO80zjDi9qOZ5Q61Y\/RaXPh9LWdZNPVmxq3sAkqcSEOHLkP6cOkCPNGMpLmnJ+u+oaBDCA5vGr9+ROIF30\/26CrPZdH5hCz6eIBjYtdxamoiwQ7qf6dIYEPmIbC430dadEMzX8qSMPmJg8Qipf5qSdrxfxtaHiuDd6ofhRCE9VZpNhM243x1cZx8VyLGG3x+dZqz1\/z70hjGJ9Ry+Yf1aQo4msUAfo6runCA==","iv":"e6430b56861b518410db254013a2cf81","s":"f705ffa88f5d546b"}