LVMH Misses Estimates; Kering, Hermes Set to Report

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LVMH Misses Estimates; Kering, Hermes Set to Report
Bloomberg
Written by Bloomberg
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Luxury goods firm LVMH reported first-quarter organic revenue that missed consensus estimates, driven by the underperformance of its key fashion and leather goods division. Kering and Hermès are also due to report this week, as Bloomberg Opinion's Andrea Felsted explains. Her views are her own.

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