LVMH sales miss expectations as luxury recovery is put on pause amid Middle East war
The luxury sector had shown some signs of a long-awaited recovery after a years-long slump prompted by soft demand from Chinese consumers.
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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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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There was a deterioration of demand in March as a result of the Middle East conflict, said LVMH CFO Cécile Cabanis.
Beijing is seen as the invisible hand nudging Iran towards a peace deal with the US. Grouped from 3 articles across 2 sources.
The Gulf Arab states have cut production because they are unable to export through the Strait of Hormuz due to the war. Grouped from 2 articles across 2 sources.
Spot gold at session highs after Consumer Sentiment falls to 47.6, one-year inflation expectations shoot to 4.8% teaser image
As a final decision looms for Tasmania's greyhound industry on whether it will be phased out, breeders, trainers and other industry participants reject an exit offer from the state government.
The separatists say their decison reflects responsibility, restraint and respect for human dignity. Grouped from 2 articles across 2 sources.