LVMH’s Sales Growth Slows as Global Luxury Demand Cools


LVMH’s sales growth softened in the third quarter as shoppers reined in spending on high-end Cognac and costly handbags, more evidence the post-pandemic luxury boom is waning. Jelena Sokolova, Morningstar senior equity analyst, discusses with Alix Steel and Guy Johnson on Bloomberg Markets: European Close.

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