Luxury bellwether LVMH drops 8% on sales miss, dragging peers down

Sales were "overall below the most conservative buyside expectations," Citi analysts said, with wines and spirits suffering the sharpest decline.

Luxury bellwether LVMH drops 8% on sales miss, dragging peers down
Sales were "overall below the most conservative buyside expectations," Citi analysts said, with wines and spirits suffering the sharpest decline.