The Biden administration hopes new restrictions will slow the spread of the COVID-19 virus. Image credit: Getty
Luxury Daily’s live news for Jan. 26:
LVMH revenues top $54B in 2020, as fashion leads recovery
French luxury goods conglomerate LVMH Moët Hennessy Louis Vuitton has proved resilience in 2020 despite an economic environment severely affected by the global health crisis, which resulted in the closures of many brand stores and manufacturing sites.