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UK's FTSE 100 gains as miners shine

UPDATE 2-UK's FTSE 100 gains as miners shine For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window UK inflation slows less than expected to 3.2% ASOS rises on retaining FY outlook, naming new CFO Entain climbs on better-than-expected results FTSE 100 up 0.4%, FTSE 250 flat Updated at 1550 GMT By Pranav Kashyap and Shubham Batra April 17 (Reuters) - The UK's benchmark index FTSE 100 climbed on Wednesday, underpinned by industrial metal miners,
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Luxury’s great divide will get more striking

BREAKINGVIEWS-Luxury’s great divide will get more striking The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Lisa Jucca MILAN, April 17 (Reuters Breakingviews) - The world of luxury is increasingly a tale of the haves and the have-nots. Bernard Arnault’s $420 billion Tiffany-to-Dior conglomerate LVMH LVMH.PA sent a sobering message on Tuesday as it unveiled a 3% year-on-year rise in first-quarter sales ignoring currency moves – well below the 13% expan
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LVMH Q1 meets expectations, reassuring luxe sector

BUZZ-LVMH Q1 meets expectations, reassuring luxe sector Updates shares, adds peers, milestone ** Shares in LVMH LVMH.PA rise nearly 2.6%, paring earlier gains, after Europe's second-most valuable company's Q1 sales rose and roughly met forecasts ** Q1 revenue rises 3% organically to 20.7 billion euros ($21.99 billion), in line with consensus in organic terms, says RBC ** "Even the much-debated (Fashion & Leather Goods) division met investors at the bar ...
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LVMH sales growth slips on luxury spending slowdown

UPDATE 3-LVMH sales growth slips on luxury spending slowdown Adds analyst comment in paragraphs 8-9, US in paragraphs 17-18 By Mimosa Spencer and Dominique Patton PARIS, April 16 (Reuters) - LVMH's LVMH.PA sales slowed in the first quarter as rising prices prompted more shoppers who aspire to own its luxury labels to hold back on splashing out thousands of dollars on handbags and other accessories.
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LVMH's first quarter sales growth slips to 3% on luxury slowdown

LVMH's first quarter sales growth slips to 3% on luxury slowdown PARIS, April 16 (Reuters) - LVMH LVMH.PA reported a 3% rise in first quarter sales on Tuesday, marking a slowdown as rising prices prompted more shoppers who aspire to own its handbags and other luxury goods to hold back on splashing out thousands of dollars. The slower quarterly sales growth reflected comparisons with the same period in 2023, when sales were boosted by the lifting of COVID-19 curbs in LVMH's key market of mainland
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