calcalist.co.il ✍️ LVMH, the world's largest luxury goods company, reported a ...

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2025-04-15 10:29:03

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✍️ LVMH, the world's largest luxury goods company, reported a decline in sales for the first quarter, citing a weak demand from Chinese consumers and the impact of US tariffs.
👉 LVMH reported a 5% decline in organic sales for the first quarter
👉 The decline was attributed to a weak demand from Chinese consumers
👉 The company also reported a decline in sales in the US
👉 The decline in sales is attributed to the impact of US tariffs
👉 The company's CFO stated that the company's performance was affected by the weak demand from Chinese consumers

#BernardArnault #CesilieKabinis #DonaldTrump #Paris #China #US #Japan #Europe #business

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calcalist.co.il (nprofile…m2lw)

The giant retailer reported a 3% decline in sales for the first three months of the year to 20.3 billion euros, following declines in the US, China, and Japan. The fashion division, which includes brands such as Louis Vuitton and Dior, recorded a 5% decline during the period. The results, which missed expectations, deepened concerns about the sector's state amidst tariffs.
https://www.calcalist.co.il/world_news/article/rkofxhsrye

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