29-01-2019 23:09 via uk.news.yahoo.com

LVMH confident on 2019 as Vuitton handbags boost sales

LVMH is "cautiously" confident about the year ahead after fourth-quarter sales held up despite fears of a China slowdown, powered by accelerating growth at Louis Vuitton handbags.Luxury goods companies have been hit by investor nervousness over signs of slowing demand from Chinese shoppers, their biggest customer group, as consumer and business confidence sours in the country and the Sino-U.S. trade war drags on."We are confident for 2019, which got off to a good start, but we're not in control
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