© Reuters. FILE PHOTO: Individuals stroll previous the Louis Vuitton retailer at Miami Design District, in Miami, Florida, U.S. November 30, 2021. REUTERS/Marco Bello/File Picture
(Reuters) – The pinnacle of luxurious home LVMH Bernard Arnault mentioned on Thursday the corporate’s outlook this yr was “thus far so good.”
Chatting with journalists on the sidelines of his empire’s annual shareholder assembly, Arnault mentioned it was too quickly to inform whether or not rising inflation was hitting luxurious shopper behaviour.
Requested about China, he mentioned “the demand is there”, however added that the outlook would rely on how lengthy strict measures to curb the unfold of the coronavirus within the nation would final.