Andrea Felsted, Columnist

LVMH Lives Up to Its Luxury Price Tag

The luxury-goods maker's strong sales performance shows why it's in a good position to weather the challenges facing the sector.

October 9, 2017 at 7:24 PM UTC

By Andrea Felsted

Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a reporter for the Financial Times.

1507578981_pic — Photographer: Balint Porneczi/Bloomberg

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The luxury party is looking a little bit less inviting these days. But for LVMH, at least, the proceedings are still going strong.

LVMH Moet Hennessy Louis Vuitton SE on Monday reported organic sales growth that beat expectations in the three months ended Sept. 30.