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Strikes planned at LVMH's drinks division starting on Friday - CGT union
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Workers at LVMH's Moet Hennessy plan strikes starting Friday to protest bonus cuts, amid a 33% profit drop in H1 2025. The CGT union calls for strikes across major brands, challenging Alexandre Arnault, deputy CEO. The union demands management negotiate on pay, with initial walkouts at Moet & Chandon and Veuve Clicquot-Krug. Strikes are rare in luxury, affected by sales slowdown in China and tariff uncertainties.
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