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LVMH Sales Jump Despite China Slowdown

Fashion and leather goods revenue rose 19 percent in the second quarter, beating analyst estimates.
LVMH is cracking down on counterfeits. Shutterstock.
Organic revenue in the biggest fashion and leather goods unit soared 19 percent in the second quarter at LVMH, compared with estimates of a 17 percent rise, according to analysts surveyed by Bloomberg. (Shutterstock)

LVMH sales jumped in the second quarter as the owner of Louis Vuitton and Dom Perignon continued to thrive in spite of concerns about slowing economic activity.

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