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"https://www.cnbc.com/2025/04/15/lvmh-sales-miss-as-tariff-uncertainty-threatens-to-hit-wealthy-shoppers.html"
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"LVMH's sales decline was driven by a 9% drop in wines and spirits, while fashion and leather goods sales slid 5%. The company's results pulled down the wider luxury sector, with Kering, Burberry, and Richemont also reporting declines. Analysts are concerned about the impact of U.S. and global economic uncertainty on the luxury sector, which is reliant on global supply chains and U.S. consumer demand."
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"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqauwyjzyxx00gsargpvdttg3ff3c3qhywgsc2h8kfuhhvn9d498dqzmd4lf\nLUXURY BELLWETHER LVMH DROPS 8% ON SALES MISS, DRAGGING PEERS DOWN\n\nhttps://image.cnbcfm.com/api/v1/image/108131280-1744622493958-gettyimages-2207959293-JAPAN_ECONOMY.jpeg?v=1744622579\u0026w=1920\u0026h=1080\n--\n✍️ LVMH, the world's largest luxury group, reported a 3% decline in first-quarter sales, missing expectations, and shares plunged 8%.\n--\n👉 LVMH reported a 3% year-on-year decline in first-quarter sales\n👉 Wines and spirits saw a 9% revenue decline\n👉 Fashion and leather goods sales slid 5%\n👉 Watch sales were flat\n👉 Kering, Burberry, and Richemont also reported declines in their shares\n\n--\n#CecileCabanis #ThomasChauvet #MaheshMohankumar #DonaldTrump #Tokyo #Japan #U.S. #China #business\n--\nnostr:nevent1qvzqqqqqqypzpmcufyygvv773p6xszc6kk3zjnr3zpwgu3ps4w0vne0wex2m22w6qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqudz8s7nahx0smcdzvxnr7ez7fg65shq3mguzgp5yky4kt35sjtxql0e8ng \n ",
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