- Advertisement -
At a press conference in January, fresh off a promising earnings report and a stop at US President Donald Trump’s inauguration, LVMH chief Bernard Arnault — who had pegged hopes of a luxury recovery on growth in the US market — was singing America’s praises.
“I have witnessed the winds of optimism in the US,” he said. “In the US, you get the feeling that you’re welcomed with open arms.”
But from the Rose Garden yesterday, as Trump announced the implementation of the most…
