News Snapshot:
[1/2] A LVMH luxury group logo is seen prior to the announcement of their 2019 results in Paris, France, January 28, 2020. REUTERS/Christian Hartmann/File Photo Summary Summary Companies Strong post-pandemic shopping spree shows signs of slowing LVMH's less exclusive Sephora beauty chain led U.S. Q1 growth Higher interest rates, inflation seen taking toll on shoppers Younger shoppers feel inflation pinch more than older generation PARIS, April 13 (Reuters) - Luxury shoppers in the United States are curtailing purchases of high-end fashion and leather goods, LVMH's (LVMH.PA) first-quarter sales report showed, adding to evidence that a strong, months-long, post-pandemic splurge may...
