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LVMH fashion and leather sales slide in Q3, dashing sector hopes

LVMH's luxury fashion division declined in the third quarter, fueling worries that the sector's three-year slowdown may persist without recovery.

Photo: LVMH
Photo: Jaugustin · Public domain · Wikimedia Commons

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  1. Gloria Vance · World News AnchorCNBC reports: LVMH fashion and leather sales slide in Q3, dashing sector hopes.

  2. Vera Bullock · Co-AnchorThe report from the world's largest luxury group is likely to heighten concerns that the luxury industry, mired in a three-year slowdown, will struggle to regain momentum.

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