Shares of LVMH drop 6% as full-year results throw doubt on broad luxury recovery newsthirst.
A photograph taken on April 23, 2024 shows a view of the new Louis Vuitton luxury shop belonging to French luxury group LVMH Moet Hennessy Louis Vuitton SA, on the Champs Elysee avenue in Paris. Julien De Rosa | Afp | Getty Images Shares of LVMH retreated on Wednesday after slightly better-than-expected annual results from…