Fashion
LVMH, Kering, Hermes all Q1 shock-miss luxury rebound
Kering revenue -6.2% (Gucci -14.3%), LVMH -6%, Hermès also beat consensus. Mideast turmoil and tourist drought halt luxury recovery; portfolio, store revamp kicks in.
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Kering revenue -6.2% (Gucci -14.3%), LVMH -6%, Hermès also beat consensus. Mideast turmoil and tourist drought halt luxury recovery; portfolio, store revamp kicks in.
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