LVMH shares rise as sales point to industry rebound


PARIS: LVMH rose to a record in Paris trading after the luxury-goods leader reported sales that far exceeded estimates, the biggest sign yet of a rebound in demand across the industry.

The stock gained as much as 2.9% to 213.50 euros, the steepest intraday advance in more than a month and the biggest rise in the benchmark CAC 40 Index.

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Business , LVMH , luxury , stocks

   

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