LVMH: Arnault opens up to US production against French taxes

LVMH: Arnault opens up to US production against French taxes

“Manufacturing in the US? Why not. In France there is the tax on made-in-France goods, which pushes businesses to relocate”, Bernard Arnault said during the presentation of LVMH’s annual results. The French luxury giant’s number one also spoke about Dior, Trump’s possible tariffs, and the Chinese market. While analysts and media are divided on the…

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