LVMH Sales Slump at Key Unit on Weaker Demand in China
Sales at LVMH’s biggest division slumped last quarter as its key Louis Vuitton brand was hit by worsening conditions in China, compounded by a consumer backlash.
By Angelina Rascouet · Bloomberg Markets
Sales at LVMH’s biggest division slumped last quarter as its key Louis Vuitton brand was hit by worsening conditions in China, compounded by a consumer backlash.