LVMH Looks to Renewed China Luxury Spending for Earnings Bump

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Louis Vuitton owner LVMH reports earnings for the last quarter of 2022 amid hopes that China’s reopening will boost luxury spending as the outlook for other economies turns more uncertain

PARIS— LVMH Moët Hennessy Louis Vuitton SE is scheduled to report fourth-quarter and full-year 2022 results later Thursday, as it rides a surge of demand for luxury goods that China’s recently loosened Covid-19 restrictions could extend into this year.

Postpandemic demand for LVMH’s dozens of brands, including fine wine, jewelry and fashion labels and upscale hotels, has cemented the group’s position as the most valuable listed company in Europe. It has also helped its chief executive and controlling shareholder, Bernard Arnault,

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