MarketsNotableReported
5.7
Pernod Ricard Q1 Revenue Falls 6%, China Sales Drop 25%
Le SoirSRC LO·US · CN · FR·about 22 hours ago
LVMH shares fell to near a six-year low after disappointing sales in China, signaling persistent weakness in the luxury sector. The decline reflects broader concerns about Chinese consumer spending and its impact on global luxury demand. The stock's slide underscores the sector's vulnerability to China's economic slowdown.