Consumption: luxury groups ignore inflation and display Olympic form

Consumption: luxury groups ignore inflation and display Olympic form

PublishedJuly 29, 2022, 4:58 PM Consumption: Luxury groups ignore inflation and display Olympic form LVMH, Kering, Hermès and even Prada announced exceptional half-year results this week, with global sales up 20 to 30% and profits in the same vein. The luxury sector is less sensitive to inflation than mass distribution due to its affluent clientele. …

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