LVMH Moet Hennessy Louis Vuitton SE on Wednesday reported first-quarter sales above expectations, as a lifting of sanitary restrictions in China boosted performance there, and a rebound in international travel drove duty-free sales.
The French luxury-goods giant FR:MC, owner of fashion houses Dior and Louis Vuitton and jewelers Bulgari and Tiffany, made total revenue of 21.04 billion euros ($22.96 billion) in the first three months of the year, rising 17% at constant currency from EUR18 billion in the same period last year….
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