Business
LVMH sales fall 3% as China demand for luxury goods worsens
FRENCH luxury giant LVMH reported a 3 per cent fall in third-quarter sales on Tuesday (Oct 15), undershooting estimates in its first…
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Goods
Business
LVMH investors jittery over anaemic China demand for European designer goods
INVESTORS in French luxury group LVMH are eager for signs that China’s new fiscal stimulus measures can finally pull wealthy and…
Business
Luxury goods unlikely to be next target of China’s EU trade retaliation: analysts
EUROPEAN luxury shares have slid on investor concerns that Hermes handbags and Dior slingbacks may be Beijing’s next targets for…