09-10-2018 20:17 via uk.news.yahoo.com

Vuitton propels LVMH growth in boost for luxury sector

A standout performance by LVMH'sfashion and handbags business boosted third-quarter sales growth at the luxury goods company, providing an encouraging sign for an industry gripped by fears of a slowdown in China.The group, which has brands ranging from Louis Vuitton and couture label Givenchy to cognac maker Hennessy, has benefited along with a handful of rivals such as Gucci-owner Keringfrom rebounding demand among Chinese customers in the past two years.Concerns over a trade war between Beijin
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