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This Week: What’s LVMH’s Take on Tariffs?

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What’s Happening: LVMH (Tuesday), Brunello Cucinelli (Wednesday), Moncler (Wednesday) and Hermès (Thursday) will report first-quarter results. They are among the first big fashion companies to do so since US President Donald Trump announced — then partially reversed — the highest tariffs in a century.

A Partial Sigh of Relief: Most luxury stocks joined the market rally after Trump postponed tariffs on individual countries (other than China, more on that in a bit). But with a few…

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