The weaker sales growth and missed expectations imply that t...
The weaker sales growth and missed expectations imply that the high-end consumer segment is feeling economic pressure, which may impact the broader luxury market, thereby causing potential investors to reassess the prospects of luxury retail stocks, especially LVMH.
LVMH's Sales Fall Short of Forecasts. Luxury Demand Is Slowing. -- Barrons.com
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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