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LVMH Growth Boosts Luxury Outlook

The sector bellwether beat expectations with a 1 percent rise in fourth-quarter sales, as demand for fashion and leather goods picked up, adding to hopes the luxury market has turned a corner.
Louis Vuitton's temporary flagship store in New York City.
Louis Vuitton's temporary flagship store in New York City. (Louis Vuitton)

LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury bellwether reported better than expected fourth-quarter sales that will add to hopes the sector has turned a corner.

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