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LVMH’s Luxury Allure Eclipses Fears of Trade War in China

LVMH survived the opening rounds of a global trade war as the Chinese consumer’s appetite for French luxury goods surged during the second quarter. Sales rose 11 percent, the Paris-based owner of Louis Vuitton handbags and Sephora cosmetics said in a statement Tuesday, beating analysts’ expectations. The world’s largest luxury company reported double-digit percentage growth…

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