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LVMH, Hermès and Kering suffer from China’s COVID-19 clampdown

Sales for top-notch luxury players were good in the first three months of 2022, mostly thanks to Europe and the Americas — as China faced new COVID-19 problems. Image credit: Gucci Sales for top-notch luxury players were good in the first three months of 2022, mostly thanks to Europe and the Americas — as China faced new COVID-19 problems. Image credit: Gucci

 

By Kevin Rozario