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The U.S. Is Luxury's Best — and Maybe Only — Bet for Growth [Yahoo! Finance]

LVMH-MOET H/L/V UNSP/ADR (LVMUY) 
NASDAQ:AMEX Investor Relations: lvmh.com/investors
Company Research Source: Yahoo! Finance
But how strong of a foundation is it working with? More from WWD Kering to Add Former Chanel, Dior Executives to Board of Directors We're Living in a 'VUCA' World, Said Axel Dumas at Hermès' AGM Loro Piana Welcomes Early Conclusion of Judicial Administration Over Labor Practices Despite a host of troubles — from President Donald Trump's trade war with the world last year to an actual war in Iran — luxury spending in the U.S. has been holding up pretty well. The first quarter extended the U.S. luxury rebound that started in mid-2025 and the latest callouts from the big players were good. Cécile Cabanis, LVMH Moët Hennessy Louis Vuitton's chief financial officer, described the trend with American clients as “quite homogeneous,” with improvement throughout the quarter. “We are quite happy with the performance,” he said. Backstage at Dior Fall 2026 Ready-to-Wear Collection at Paris Fashion Week And Kering, which seems to be struggling almost everywhere, marked the U.S. Show less Read more
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