see more

A pedestrian uses a smartphone beside women's clothing and handbag in the window display of a Louis Vuitton luxury goods store, operated by LVMH Moet Hennessy Louis Vuitton SE, in Paris, France, on Wednesday, April 14, 2021. LVMHs first-quarter sales soared, sending the stock to a record and pointing to the luxury sectors recovery from a pandemic-induced slump. Photographer: Nathan Laine/Bloomberg via Getty Images

A pedestrian uses a smartphone beside women's clothing and handbag in the window display of a Louis Vuitton luxury goods store, operated by LVMH Moet Hennessy Louis Vuitton SE, in Paris, France, on Wednesday, April 14, 2021. LVMHs first-quarter sales soared, sending the stock to a record and pointing to the luxury sectors recovery from a pandemic-induced slump. Photographer: Nathan Laine/Bloomberg via Getty Images