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Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector. By Ravi Mattu Reporting from London Shares in LVMH dropped on Wednesday after the luxury ...
Bernard Arnault’s luxury fashion group LVMH on Wednesday led its rivals’ shares downward after it reported disappointing sales on weak China demand ... brands like Louis Vuitton and Dior ...
Luxury shares tumbled on Wednesday after industry bellwether LVMH reported a bigger than expected fall in quarterly sales due to weak consumer demand in China. We apologize ... recovering some ground ...
adding however that brands such as Louis Vuitton and Coach are still selling quickly. The second-hand luxury market in China – which includes platforms such as Plum, ZZER and Alibaba-owned ...
Organic revenue at the company behind the Dior and Louis Vuitton brands fell 3% to 19.08 ... Tourists globally, and especially from China, had been flocking to the Asian country to take advantage ...
Organic revenue at the key unit whose brands include Louis Vuitton and Christian Dior declined ... face economic challenges including mainland China,” LVMH Chief Financial Officer Jean-Jacques ...
Organic revenue at the key fashion and leather goods unit fell 5% in the third quarter, LVMH Moët Hennessy Louis Vuitton SE said ... Consumers in China have reined in spending on costly goods ...
Hong Kong’s environmental authorities have notified public housing residents that free rubbish bags handed out under a now-shelved waste-charging scheme will not be used in any future programmes ...