LVMH sales decline amid slowdown in luxury sector

LVMH has delivered revenue of £50.8 billion (€60.8 billion) for the first nine months of 2024, down 2% on a reported basis, as the geopolitical and economic environment remains uncertain. The fashion and leather goods business decreased 3% but showed “good resilience”, with Louis Vuitton and Christian Dior enjoying high visibility over the summer with…

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