LVMH shares edge higher as sales and profits rise
LVMH’s (LVMH.PA) shares eged higher on Tuesday after the world’s biggest luxury goods group posted higher sales and profits, driven by surging sales of fashion lines and handbags by Dior, Fendi and Louis Vuitton.
H&M’s sales surge as restrictions ease, still below pre-pandemic levels
H&M’s (HMb.ST) sales jumped from March to May compared to a year earlier as pandemic restrictions eased in many markets and online demand stayed strong but revenue was still well below 2019 levels.
