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LVMH sees room to lift prices 2–3%, says deputy CEO
LVMH can raise high-end product prices by 2–3% without hurting luxury demand, but executives say lifting prices for beauty items or cognac would be more difficult due to limited elasticity.
LVMH can raise high-end product prices by 2–3% without hurting luxury demand, but executives say lifting prices for beauty items or cognac would be more difficult due to limited elasticity.
