LVMH stock drops as analysts flag luxury recovery 'party postponed' amid Iran war
There was a deterioration of demand in March as a result of the Middle East conflict, said LVMH CFO Cécile Cabanis.
There was a deterioration of demand in March as a result of the Middle East conflict, said LVMH CFO Cécile Cabanis.
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There was a deterioration of demand in March as a result of the Middle East conflict, said LVMH CFO Cécile Cabanis.
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The luxury sector had shown some signs of a long-awaited recovery after a years-long slump prompted by soft demand from Chinese consumers.
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