LVMH touts โspecial bondโ with China as โsubduedโ backdrop weighs on sales
French luxury giant LVMH Group kicked off a global open-house event showcasing its craftsmanship in Shanghai on Thursday, as the eventโs founder Antoine Arnault hailed a โspecial bondโ with Chinese customers at a launch event in Paris. It came as the group faced pressure from sluggish demand in China and a backlash over a lawsuit against a local tea company. At the launch event at the Samaritaine department store in central Paris for this yearโs Les Journรฉes Particuliรจres, first initiated by...