
LVMH’s wine-and-spirits division saw its first-quarter sales decline due to weak demand for Cognac in both the US and China.
On a call with analysts, CFO Cécile Cabanis reflected on the global trading environment, noting: “I think we all need to stay very calm.”
LVMH’s wine-and-spirits division saw its first-quarter sales decline due to weak demand for Cognac in both the US and China.