Posted inOpinion

LVMH’s blowout earnings are a lesson for global investors

LVMH, the world’s biggest luxury goods vendor, smashed its earnings records last quarter, it reported on Thursday, sending its share price soaring. The group, which is controlled by billionaire Bernard Arnault, reported global sales for the first quarter of the year of €21 billion (US$23 billion). The rise of 17% compared with the same period […]

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