Luxury goods shares fall as China slowdown hits LVMH
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A large part of the overall decline is thanks to people pulling back in China, a huge market for the luxury sector. “Consumer ...
LVMH reported a 3% decline in sales in its latest quarter, driven by decreased demand from Chinese consumers.
LVMH posted a year-over-year sales decline in the third quarter, showing the continuing pressure on the luxury sector from ...
With LVMH facing a luxury market slump, the stock is now stabilized. See more on LVMUY stock and the potential impact of ...
PARIS, Oct 14 (Reuters) - Investors in French luxury group LVMH (LVMH.PA) are eager for signs that China's new fiscal ...
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