Louis Vuitton Trademark Dispute Leads to Sales Slump in China
Luxury retail company LVMH saw quarterly sales slump following a trademark dispute in China. Organic revenue for the company’s fashion and leather goods unit fell 5% year over year in the third quarter, LVMH Moët Hennessy Louis Vuitton announced in a Monday (Oct. 12) press release, with the company’s total revenue for the quarter up […] The post Louis Vuitton Trademark Dispute Leads to Sales…
We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.
