LVMH 3Q Sales Seen Affected by Hong Kong Protests, Citi Says
2014-10-06 09:02:25.53 GMT
By Billy Chan
Oct. 6 (Bloomberg) -- Worsening trends in Greater China,
especially H.K. as pro-democracy protests affect retail sales
and traffic of mainland visitors, cited as reason for est. 3%
growth at constant FX, analyst Thomas Chauvet writes in note.
* Est. also reflects weak demand among Chinese and Russian
visitors in Europe
* LVMH to post 3Q sales on Oct. 14
* NOTE: LUXURY STREETWRAP: Swatch, Richemont May Be Hurt by
Hong Kong
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To contact the reporter on this story:
Billy Chan in Hong Kong at +852-2977-6114 or
bchan101@bloomberg.net
To contact the editors responsible for this story:
Jan Dahinten at +65-6212-1164 or
jdahinten@bloomberg.net
Hari Govind
2014-10-06 09:02:25.53 GMT
By Billy Chan
Oct. 6 (Bloomberg) -- Worsening trends in Greater China,
especially H.K. as pro-democracy protests affect retail sales
and traffic of mainland visitors, cited as reason for est. 3%
growth at constant FX, analyst Thomas Chauvet writes in note.
* Est. also reflects weak demand among Chinese and Russian
visitors in Europe
* LVMH to post 3Q sales on Oct. 14
* NOTE: LUXURY STREETWRAP: Swatch, Richemont May Be Hurt by
Hong Kong
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Billy Chan in Hong Kong at +852-2977-6114 or
bchan101@bloomberg.net
To contact the editors responsible for this story:
Jan Dahinten at +65-6212-1164 or
jdahinten@bloomberg.net
Hari Govind