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LVMH is warning investors and analysts that demand remains soft after the luxury conglomerate missed revenue estimates for the first three months of the year, people familiar with the matter said.
With a view to managing expectations, LVMH Moët Hennessy Louis Vuitton SE is putting out cautious signals on second-quarter trends amid lacklustre consumer confidence, particularly in China, according to the people, who declined to be identified discussing information that’s not public. Some of…
