Industry News – LVMH First Quarter 2020 Results Show Declining Sales, But Still Relative Resilience

As a first reliable indicator of the impact of COVID-19 on the luxury industry, the French powerhouse and market leader, LVMH has just announced its results for the first quarter of 2020. A period that accounts for the first weeks of lockdown and closed shops, both for the Asian and European markets. With sales down […]

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