Sales at luxury goods group LVMH up 84%
The world's biggest luxury brand made sales of $17 billion in the three months to June.
The world's biggest luxury brand made sales of $17 billion in the three months to June. Its sale for the first half of the year were also 11% higher than pre-pandemic levels. Julie Zerbo is the founder and editor of The Fashion Law website and tells us how LVMH has survived the pandemic.
Also in the programme, Sweden and Germany are taking different approaches to encouraging Covid-19 vaccinations. Whilst Sweden is trialling a system to pay young people to encourage them to get vaccinated, Germany is considering refusing access for the unvaccinated to restaurants, night clubs and sporting venues. We get reaction from a bar owner in Sweden and restaurant proprietor in Germany, and assess the contrasting approaches to incentivisation with Stephen Reicher, who is a professor of psychology at the University of St Andrews.
New homes sales in the US have hit a 14-month low. We ask Robert Dietz, chief economist for the National Association of Home Builders, what's behind this trend.
Sasha Twining is joined throughout the programme by Mehmal Sarfraz, journalist and co-founder of the Current PK website in Lahore in Pakistan, and by Peter Morici, economist and professor emeritus at the University of Maryland, who's in Washington DC.
(Picture: A Louis Vuitton shop. Picture credit: Getty Images)
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- Tue 27 Jul 2021 00:06GMT大象传媒 World Service
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Business Matters
Global business and finance news and discussion from the 大象传媒