LVMH published consensus-missing sales for the Q3 23. All divisions experienced lower-than-expected performances during the quarter except for Selective Retailing. The more moderate growth in China and the normalisation of both local and tourist demand in Europe have started to weigh on the group’s activities. . Due to the uncertain macroeconomic environment in the Western world and a challenging consumer environment in China, we see visibility in luxury goods demand remaining low in the near ....