LVMH : Less favourable market conditions, slightly more caution in our forecasts
>Too soon to expect an improvement in trends, Q4 set to reflect slower growth and margins to remain under pressure in H2 - The group is not venturing a prognosis on Q4 as there are still some decisive weeks to come for the quarter, but we understand that there are not grounds at this stage to anticipate an improvement in the overall situation after Q3 which saw a visible deceleration in growth for both LVMH and the sector as a whole, with only Chinese clients showing ...LVMH Moet Hennessy Louis Vuitton is a manufacturer and retailer of luxury goods. Co. offers champagne and wines, cognac and spirits, fashion and leather goods, perfumes and cosmetics, watches and jewelery; and is engaged in selective retailing. Its operations are organized along five business segments: Wine and Spirits, Fashion and Leather Goods, Perfumes and Cosmetics, Watches and Jewelery, and Selective Retailing. Co. is also engaged in other activities (Media with Les Echos group, La Samaritaine and Luxury yacht with Royal Van Lent). Some of Co.'s brands are Moet & Chandon, Dom Perignon, Louis Vuitton, Fendi, Donna Karan, Parfums Christian Dior, Guerlain, Parfums Givenchy, and TAG Heuer.
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