EconomyWeak Chinese demand weighs on LVMH as Louis Vuitton’s Molly Tea case casts a shadow
LVMH said Asia outside Japan was the only region with lower sales in the third quarter through September. A slowdown of around the mid-teens in Chinese demand was the biggest drag, as weaker macroeconomic conditions hurt consumer sentiment and discretionary spending.
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South China Morning Post★★☆☆☆2026-10-14 04:00Original
Weak Chinese demand weighs on LVMH as Louis Vuitton’s Molly Tea case casts a shadow
Economy