LVMH luxury group reports weak sales and revenue decline
Statements (10 of 15)
- Bearish
LVMH reported disappointing sales figures that do not show signs of a turnaround.
- Bearish
LVMH's main division reported third-quarter sales below expectations.
- Bearish
LVMH's fashion and leather goods sales fell 5% in the third quarter of the year.
- Bearish
LVMH's third-quarter revenue declined 6.4% compared to the second quarter.
- Bearish
LVMH reported weak sales in China for the third quarter.
- Bearish
LVMH reported sales growth slowed, indicating a slowdown in Europe's luxury-goods industry.
- Bearish
LVMH sales at key units fell due to China economic troubles affecting Louis Vuitton
- Bearish
The fashion division of LVMH experienced a decline in sales.
- Bearish
The leather division of LVMH saw a reduction in sales.
- Bearish
LVMH lost over 148 billion euros in market value this year
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