Big Luxury Frets That China Is Turning Japanese
Even LVMH Moet Hennessy Louis Vuitton SE, the world’s most resilient luxury conglomerate, is feeling the chill. And as so often, the wind is blowing from the East. The Paris-headquartered owner of Louis Vuitton and Dior reported a 1% increase in sales in the second quarter which, except for the…
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