LVMH luxury-goods sales slump in China and Europe
Statements (10 of 21)
- Bearish
LVMH sales at key units declined due to weak demand in China
- Bearish
LVMH's fashion and leather brands saw a 5% decline in sales in the third quarter.
- Bearish
LVMH saw a quarterly sales slump in China following a trademark dispute.
- Bearish
Organic revenue for LVMH's fashion and leather goods unit fell 5% year over year in the third quarter.
- Bearish
LVMH faces a crisis in China that reduces expectations for the luxury market's renewal.
- 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 division posted a 5% fall in organic sales.
- 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.
11 more statements on this development this week. The API returns all of them: GET /v2/statements?topic_id=2946cce2-5baa-4d7e-b1c5-6784ea27112c Get a free API key ↗