LVMH fashion and leather Q2 sales beat forecasts
Paris
LVMH's fashion and leather division, its biggest in terms of profit and sales, beat forecasts on Tuesday with a 10 per cent rise in second-quarter sales driven by strong trading in Europe, Japan and the United States.
The performance, outpacing market estimates of 5-6 per cent, came a day after Kering's Gucci posted its strongest sales growth in nearly two years.
LVMH, the world's top luxury goods group, said profitability at its flagship Lou…
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