LVMH ($MC.PA) Six-Year Low: Champagne Output Down 48% & Hermès Watches Lose 57% on Resale
LVMH closed at €423.75, a six-year low, the day France's Agriculture Ministry put the 2026 Champagne harvest at 1.34m hl, down 48%. Also this week: Hermès watches lose 57% of their value on resale, Trump's Bombardier post is a TACO trade, Vaccarello is out at Saint Laurent,...