Luxury giant LVMH's sales soar despite China losses
The world's biggest luxury group has reported strong sales driven by the holiday shopping season.
In Asia, LVMH did experience a 20% drop in growth in the first nine months as the world's second largest economy doubled down on its zero-Covid policy. "We have every reason to be confident, indeed optimistic about China," Mr Arnault said at the group's earnings presentation.
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