Louis Vuitton Sale LVMH: appetite for luxury goods still exist

French manufacturer Louis Vuitton Sale LVMH, the growing demand for luxury goods. "The appetite is there," Chief Financial Officer Jean - Jacques · Guiony, said Tuesday in a conference call.
Paris (XFN-ASIA) - French manufacturer Louis Vuitton LVMH, the demand for luxury goods has not declined. "The appetite is there," Chief Financial Officer Jean - Jacques · Guiony, said Tuesday in a conference call. In Europe, the Group in October of this year in Europe, even the 8% increase in the price of high-quality leather goods brand.
The LVMH is the core of the world's largest manufacturer and marketing of luxury Louis Vuitton and Moet & Chandon champagne, Bvlgari jewelry, perfume Dior. The day before, the Group posted sales of third quarter figures. Organic growth of 6% below analysts' expectations. These figures reflect an increasingly difficult environment, said CFO. But he cautioned that excessive pessimism.
LVMH can be considered fashion house Burberry has concern for the weak market demand, such as China and Europe market participants. Luxury goods companies such as Prada or Hermes, but recent reporting current events. Louis Vuitton Sale LVMH owns afternoon, about 3% of initial losses offset.