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commerce
shāng yè
商业
·HSK 2

Louis
Vuitton
wēi
de
parent
company
gōng
luxury
shē
chǐ
goods
pǐn
sales
xiāo
shòu
reduce
jiǎn
shǎo

Louis Vuitton
lùyìwēidēng
路易威登
parent
company
gōng
two
èr
zero
líng
two
èr
four
year
nián
sales
xiāo
shòu
reduce
jiǎn
slow
màn

October 16, 2024 at 12:00 PM

China
zhōng
guó
market
shì
chǎng
most
zuì
weak
ruò
China
zhōng
guó
consume
xiāo
fèi
people
zhě
buy
gòu
mǎi
less
jiào
shǎo
luxury
shē
chǐ
goods
pǐn
sales
xiāo
shòu
down
xià
jiàng
stock
piào
price
jià
fall
xià
diē
le
company
gōng
head
shǒu
chief
finance
cái
officer
guān
speak
yán
le
China
zhōng
guó
consume
xiāo
fèi
very
hěn
weak
píng
ruǎn

New Words

shēchǐpǐn
奢侈品
luxury goods
xiāoshòu
销售
sales
mǔ gōngsī
母公司
parent company
shìchǎng
市场
market
xiāofèi zhě
消费者
consumer
gòumǎi
购买
to purchase
xiàjiàng
下降
decline
gǔpiào
股票
stock
shǒuxí cáiwù guān
首席财务官
CFO
píruǎn
疲软
weak

News in English

Business

LVMH luxury goods demand slows in 2024

The parent company of Louis Vuitton saw slower sales in 2024.

The parent company of Louis Vuitton reported declining luxury goods sales in 2024. The Chinese market was the weakest performer. Chinese consumers are purchasing less luxury merchandise. Luxury goods sales are declining. The company's stock price fell. The company's chief financial officer made a statement. Chinese consumer spending is very weak.

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