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French luxury giant LVMH said comparable sales fell 7% in the third quarter, beating analyst forecasts, as its fashion and leather goods division managed to contain the fallout from the ...
PARIS — Shares in LVMH Moët Hennessy Louis Vuitton shot up on Friday after the group reported better-than-expected third-quarter sales, pulling up other European luxury sector stocks in its ...
Oct 15, 2020 · Sales of Hennessy Cognac held steady, driven by strong consumption in the U.S. But LVMH's other business lvmh sales fared badly, pulling down overall revenue 7% to EUR11.96 billion ($13.99 billion).
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