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LVMH Expects China to Bounce Back Quickly From Covid-19 Lockdowns

Fashion sales grew by 30 percent in the first quarter, despite a rocky start in the Chinese market, the world’s largest luxury group said.
LVMH expects sales to rebound quickly in China once lockdowns lift.
LVMH expects sales to rebound quickly in China once lockdowns lift. (Shutterstock)

Louis Vuitton and Christian Dior-owner LVMH’s fashion sales accelerated in the first quarter, even as geopolitical and public health crises threatened to dampen consumer demand.

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