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financial

September 28, 2012

HSBC Lowers Q3 Expectations for LVMH

The slowdown in luxury goods sales and Burberry’s profit warning were among the reasons for the downgrade.

By Alex Wynne

financial/news

LOWERED EXPECTATIONS: In another sign of the global luxury slowdown, HSBC has downgraded its expectations for industry heavyweight LVMH Moët Hennessy Louis Vuitton in the third...

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Latest Articles from Business

HSBC Lowers Q3 Expectations for LVMH

The slowdown in luxury goods sales and Burberry’s profit warning were among the reasons for the downgrade.

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