Apr.17 — French consumer giants LVMH and L’Oreal SA reported numbers and said that the recovery could start soon. That optimism sent both stocks climbing despite coronavirus causing sales to plunge in the first quarter. The pandemic has shut down luxury boutiques across the world, but while much of Europe and the United States remains in lockdown, shops have begun to open in China. Bloomberg’s Annmarie Hordern reports on “Bloomberg Markets: European Open.”