Louis Vuitton Trademark Dispute Leads to Sales Slump in China

T2Covered by 1 source · first reported by PYMNTS at 12 Oct, 19:15 UTC

Luxury retail company LVMH saw quarterly sales slump following a trademark dispute in China. Organic revenue for the company’s fashion and leather goods unit fell 5% year over year in the third quarter, LVMH Moët Hennessy Louis Vuitton announced in a Monday (Oct. 12) press release, with the…