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International Market
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  • LVMH clocked a record US$71.6 billion in revenue from last year, with sales from LV, Dior and Tiffany & Co. leading the French luxury group’s sudden rebound from Covid-19
  • The lack of Asian tourists in Europe has taken a toll on groups like Sephora and duty-free unit DFS, while the group is yet to name a replacement to trailblazer Virgil Abloh

The swings in cryptocurrencies come amid a volatile period for financial markets. Spiking inflation is forcing central banks to tighten monetary policy, threatening to reduce the liquidity tailwind that lifted assets.

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