LVMH Hong Kong business fell 25% in Q3

The decline in Hong Kong did not necessarily have a positive impact on business in other Asian markets, said cfo Jean-Jacques Guiony

LVMH saw a 25% decline in business in Hong Kong during the third quarter of 2019, the group’s cfo Jean-Jacques Guiony told investors during the company’s conference call on October 10. Hong Kong tourism has severely declined following nearly four...

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