Paris, April 14, 2025 (AFP) - LVMH sales dip 2% as Trump tariffs rock economy

NAMPA / AFP
2025-04-14
Leading luxury goods firm LVMH saw sales fall two percent to 20.3 billion euros ($23 billion) in the first quarter of 2025 as Donald Trump's tariffs shook the global economy, the company said on Monday. The France-based company behind Louis Vuitton and Dom Perignon, owned by Trump ally and Europe's richest man Bernard Arnault, generates a quarter of its revenue in the United States. Despite putting up decent numbers in fashion, watches and jewell......
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SWAKOPMUND, 15 April 2025 - Newly elected Chairperson of the Erongo Regional Council Management Committee and Walvis Bay Rural Councillor Florian Donatus (middle) photographed with ERC Chief Regional Officer Sem Ntelamo (right) and Swakopmund Magistrate Conchita Olivier. (Photo by: Isabel Bento) NAMPA

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SWAKOPMUND, 15 April 2025 - Newly elected Chairperson of the Erongo Regional Council Management Committee and Walvis Bay Rural Councillor, Florian Donatus (seated) photographed with Constituency councillors (l-r) Deriou Benson of Walvis Bay Urban, Louisa Kativa of Swakopmund and Kennedy Haoseb of Daures. (Photo by: Isabel Bento) NAMPA

SWAKOPMUND, 15 April 2025 - Newly elected Chairperson of the Erongo Regional Council Management Committee and Walvis Bay Rural Councillor, Florian Donatus (seated) photographed with Constituency councillors (l-r) Deriou Benson of Walvis Bay Urban, Louisa Kativa of Swakopmund and Kennedy Haoseb of Daures. (Photo by: Isabel Bento) NAMPA

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NKURENKURU, 27 November 2024- An Illegal fence at the Gava village in the Kavango West Region. (Photo: Lylie Joel) NAMPA

NKURENKURU, 27 November 2024- An Illegal fence at the Gava village in the Kavango West Region. (Photo: Lylie Joel) NAMPA

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