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Subscriber OnlyBusinessLVMH, L’Oreal Recovery in China Fuels Optimism for OutlookLouis Vuitton mainland stores’ business said to be up 50%Sales in China have already turned positive, L’Oreal saysL’Oreal, LVMH Signal Recovery From Virus SlumpByRobert Williams and Corinne Gretler+FollowApril 16, 2020, 4:05 PM UTCUpdated onApril 17, 2020, 7:21 AM UTCSign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis.French consumer giants LVMH and L’Oreal SA said a recovery could start soon after the coronavirus caused sales to plunge in the first quarter, as revenue in China is already bouncing back.
