Luxury
LVMH sets high bar for luxury peers as it trumps revenue forecast
LVMH, the world’s biggest luxury goods company, reported higher-than-expected revenue growth for the third quarter on Monday, setting a high bar for peers after strong sales at its fashion brands. LVMH, home to labels like Louis Vuitton, Christian Dior and Moet & Chandon champagne, said like-for-like revenues, which strip out…
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