Surging Vuitton sales boost LVMH despite pandemic woes

PARIS (Reuters) – Recovering sales of Louis Vuitton handbags helped LVMH LVMH.PA contain the fallout from the coronavirus crisis in the third quarter, as the world’s biggest luxury goods group reported a smaller-than-expected drop in revenues.

FILE PHOTO: A Louis Vuitton logo is seen outside a store on the Champs-Elysees in Paris, France, September 18, 2020. REUTERS/Charles Platiau/File Photo

LVMH has like peers been hurt by the pandemic, and the French conglomerate has also hit the headlines as it seeks to walk away from its planned acquisition of U.S. jeweller Tiffany TIF.N in the midst of the crisis.

But LVMH has proved more resilient than some of its smaller peers, despite travel restrictions and store closures that have affected the whole industry, and its shares are only down 3% since the beginning of the year.

On Thursday, LVMH said its overall comparable sales fell

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A New Ketamine Nasal Spray Has Been Approved for Depression (But It's Not  for Everyone) – Health Essentials from Cleveland Clinic

ketamine nasal spray for sale appears both effective and fast-acting for treatment-resistant depression, but questions still remain about the drug’s safety. Up until now, we didn’t have anything except ECT  for patients who are suffering and who are not responding to the other medicines. Nasal spray can probably give us one other option to use to get people better quickly. This won’t involve any anesthesia and probably won’t cause any memory problems.


It’s also a top choice on the battlefield and is still widely used by veterinarians.

As with any drug, the effect of ketamine varies with the dose and delivery method.

Esketamine was studied in five clinical trials leading up to its approval. Another study focused solely on adults over age 65 and found that the benefit of treatment with antidepressants plus ketamine in that group of patients did not reach statistical significance.

The … Read More