LVMH reported another consensus-beating Q1 22 figures, opening a good start to the year for the luxury sector.
The group’s performance in China has been impacted by the new resurgence of COVID-19 since March; however, LVMH is confident that sales will come back as quickly as restrictions are eased.
To date, the group has not seen the impact of inflation on consumer spending trends.
13 Apr 2022
Strong start to the year despite the challenging external environment
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Strong start to the year despite the challenging external environment
- Published:
13 Apr 2022 -
Author:
Jie Zhang -
Pages:
4
LVMH reported another consensus-beating Q1 22 figures, opening a good start to the year for the luxury sector.
The group’s performance in China has been impacted by the new resurgence of COVID-19 since March; however, LVMH is confident that sales will come back as quickly as restrictions are eased.
To date, the group has not seen the impact of inflation on consumer spending trends.