Luxury
LVMH Profit Grows at Fastest Rate Since 2011 After Asia Rebounds
LVMH, the world’s biggest luxury group, on Wednesday undershot forecasts with a 23 percent rise in first-half underlying profits where growth was driven worldwide by its Louis Vuitton brand. The group, whose other key brands include Dior, Fendi, Hennessy cognac and jeweller Bulgari, said that in an environment that remained…
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