EconomyLVMH touts ‘special bond’ with China as subdued backdrop weighs on sales
French luxury group LVMH began a global open-house event in Shanghai on Thursday to showcase its craftsmanship. At a launch in Paris, event founder Antoine Arnault praised the group’s “special bond” with Chinese customers. The company is facing sluggish demand in China and backlash over a lawsuit against a local tea company.
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South China Morning Post★★☆☆☆2026-10-16 08:23Original
LVMH touts ‘special bond’ with China as subdued backdrop weighs on sales
Economy