13 Apr 2023 --- Macroeconomic turmoil has continued to trouble the industry during this year’s first quarter. However, Moët Hennessy Louis Vuitton (LVMH) and Givaudan have managed to increase sales on the back of high-end products, which continue to generate enthusiasm among consumers. On the other side, BASF’s preliminary numbers for the quarter are “considerably lower than average analyst estimates,” with the company predicting a decline in sales.
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