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News 2026-10-13 13:11 UTC

GRAPHIC — European luxury's $350 billion blowout

Top 10 European luxury firms lose some $350 billion in market value this year LVMH posts larger-than-expected third-quarter sales miss in fashion, leather goods China loses ground as driver of global luxury spending amid tougher economic backdrop By Alessandro Parodi, Tassilo Hummel and Samuel Indyk PARIS/LONDON, Oct 1