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Chinese consumers travel and spend less, LVMH deupty CEO says
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Chinese consumers travel and spend less, LVMH deupty CEO says
May 28, 2025 9:26 AM

PARIS, May 28 (Reuters) - French luxury group LVMH

has noticed Chinese consumers have been travelling and

spending less over the past three months, Deputy CEO Stephane

Bianchi said on Wednesday.

Demand in the United States, however, showed some first

signs of a rebound, but as long as trade tensions with the

European Union over threatened tariffs are not being eased, the

climate will remain difficult, he added.

(Reporting by Tassilo Hummel and Mimosa Spencer)

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