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 By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No Comments{"ct":"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","iv":"8d1acf87cb0a4835aa263719a9189a9e","s":"375c4b441a0b9c1c"}