People aren’t thirsty for champagne and luxury bags—and that’s jeopardizing LVMH’s sales growth among high-end shoppers

People aren’t thirsty for champagne and luxury bags—and that’s jeopardizing LVMH’s sales growth among high-end shoppers

Some segments at LVMH, like Wine and Spirits, grew slower than others. But context about the luxury spending figures—and what it's compared to—is key.

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