LVMH Shares Fall as Fashion and Leather Goods Sales Drop 5%
LVMH reported third-quarter organic revenue growth of 1% to €18.5 billion, slowing from 3% in the prior quarter. Organic sales in its fashion and leather goods division fell 5%.
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LVMH reported third-quarter organic revenue growth of 1% to €18.5 billion, slowing from 3% in the prior quarter. Organic sales in its fashion and leather goods division fell 5%.