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LVMH, Eyes May/June Reopening, Says Revenue Slid 15% in Q1

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French luxury firm LVMH Moët Hennessy Louis Vuitton felt the sting of the coronavirus outbreak in Q1, when the company said revenue tumbled 15 percent. In a Nutshell: Hoping to gradually restore its global network of flagships and boutiques in May or June, LVMH emphasized it has proven its ability to be “resilient in an economic environment…

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