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By Tassilo Hummel and Alessandro Parodi PARIS, Oct 12 (Reuters) - Luxury bellwether LVMH on Monday reported weaker-than-expected third-quarter sales as a sharp deterioration in Chinese consumer mood
LVMH reports disappointing third-quarter sales growth due to weakening demand in China, raising concerns over the luxury sector
By Tassilo Hummel and Alessandro ParodiLuxury bellwether LVMH EURONEXT:MC on Monday reported weaker-than-expected third-quarter sales as a sharp deterioration in Chinese consumer mood hit demand for its flagship brands Louis Vuitton and Dior.The trading update from the world's largest luxury group…