LVMH Profit Grows at Fastest Rate Since 2011 as Asia Rebounds

Louis Vuitton store on the Champs-Élysées, Paris | Source: Shutterstock Profit from recurring operations rose 23 percent to ?3.64 billion ($4.23 billion) in the first half, the French luxury goods conglomerate reported Wednesday. PARIS, France ? LVMH, the world?s biggest luxury-goods maker, reported first-half profit in line with analyst esti...

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