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LVMH CFO: Rising Shipping Costs Are a ‘Fact of Life’

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Double-digit growth in the U.S. and Asia continued to fuel third-quarter gains at LVMH Moët Hennessy Louis Vuitton, whose European manufacturing base has largely staved off supply-chain disruption. In a Nutshell: CFO Jean-Jacques Guiony said the company doesn’t expect any supply chain issues other than rising shipping costs. “We are faced with the rising costs…

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