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":"437badde7aad0402ae7483952c0ee422","s":"765c0b90b6d514b1"}