Dior, Fendi frenzy helps luxury group LVMH extend its reach
SILVIA ALOISI and MIMOSA SPENCER SURGING sales of fashion lines and handbags by Dior, Fendi and Louis Vuitton powered LVMH's revenues in the second quarter as coronavirus restrictions eased around the world and the luxury goods group edged out some rivals to grow its market share. The luxury goods industry is recovering from the health crisis, which shut down global travel and temporarily closed stores. The end of COVID-19 lockdowns across much of Europe is reviving demand in the region after a strong Chinese rebound. LVMH, the world's biggest luxury goods group, has benefited more than most, using its heft…