LVMH's fashion and leather division experienced a 1% organic growth in the second quarter, showing an improvement from previous declines. The company noted a significant acceleration in sales within the United States. Additionally, the Wine and Spirits division saw 5% organic growth in the first half, with Hennessy cognac showing positive momentum in China following earlier disruptions related to trade tariffs. AI
RANK_REASON Company earnings report showing growth and market recovery. [lever_c_demoted from significant: ic=1 ai=0.0]
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