LVMH CEO: Louis Vuitton sales are rising in mainland China.

LVMH CEO Bernard Arnault said that over the past two years, the market share of this luxury goods group in mainland China has been continuously expanding, and sales of its brand Louis Vuitton in mainland China are currently on the rise. "I'm not saying that this situation will definitely continue, but what is certain is that China is hoping to stimulate domestic consumption," Arnault said in an interview published in Le Figaro on Thursday. Overall, despite facing short-term resistance and global economic difficulties, Arnault said he is "very optimistic" about the medium-term outlook. "We have experienced similar situations many times in the past," he said. "They should not last longer than before, maybe a year and a half or two years. Perhaps next year will be better."