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In a context of a historic slowdown in the luxury sector, LVMH has seen its sales drop in recent months in China. The disappointing results can be explained by a decline in consumer purchasing power but also by a recent "bad buzz" caused by a legal battle with a local tea brand.
In a context of a historic slowdown in the luxury sector, LVMH has seen its sales drop in recent months in China. The disappointing results can be explained by a decline in consumer purchasing power but also by a recent "bad buzz" caused by a legal battle with a local tea brand.
