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Rising Number of Domestic Luxury Consumers in China Benefits LVMH

Mainland China drove the fastest growth in LVMH's third quarter thanks to the increase in domestic spending, according to its CFO Jean-Jacques Guiony.

Rising Number of Domestic Luxury Consumers in China Benefits LVMH
LVMH's CFO Jean-Jacques Guiony attributed the main reason of the growth to the weakness of yuan. Photo: Singhanart/Shutterstock.com

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