home All News open_in_new Read More

Louis Vuitton owner LVMH reports surprise sales drop amid China slowdown

Shares in LVMH, which also owns Dior, Tiffany and Moët & Chandon, fell by as much as 7%, briefly hitting two-year lowShares in luxury goods brands slumped after Louis Vuitton’s LVMH reported an unexpected fall in third-quarter sales amid China’s economic slowdown.Shares in LVMH, which also owns Dior, Tiffany and Moët & Chandon, fell by as much as 7% in early trading, briefly hitting a two-year low, before regaining slightly, after it warned of an “uncertain economic and geopolitical environment”,with falling sales in Asia. Continue reading...

today 4 hours ago attach_file Politics
attach_file Events
attach_file Politics
attach_file Events
attach_file Politics
attach_file Events
attach_file Economics
attach_file Events
attach_file Events
attach_file Politics
attach_file Events


ID: 11464242
Add Watch Country

arrow_drop_down