Reuters logo
LVMH CEO says strong euro could hurt business in 2013
January 31, 2013 / 5:31 PM / 5 years ago

LVMH CEO says strong euro could hurt business in 2013

PARIS, Jan 31 (Reuters) - LVMH Chief Executive Bernard Arnault warned on Thursday that the euro risked appreciating this year against other major currencies and could hurt business.

“A rise of the euro is predictable and therefore risks having an impact on business,” Arnault said, adding this meant the group might have to increase prices in 2013. (Reporting by Astrid Wendlandt; Editing by Christian Plumb)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below