LVMH shares slide near six-year low amid luxury demand worries
LVMH shares traded near a six-year low in early afternoon European trade. The Paris-listed bellwether fell 2.55% to 427.75 euros Thursday, as U.S.-Iran war escalation and fears around Chinese demand weighed on European luxury.
By Joe StonorLVMH shares traded close to a six-year low in early afternoon European trade, as the escalating U.S.-Iran war and fears around Chinese demand drag on the beleaguered European luxury sector.Shares in the Paris-listed bellwether fell 2.55% to 427.75 euros Thursday, their lowest level sin…