(mike segar/Reuters) With a 13% jump in European trading, Louis Vuitton’s owner is on track for its best day on its home stock market in almost 15 years. It shows just how fearful luxury ...

Telsey notes that Louis Vuitton sales significantly slowed in Q3 of 2023, falling below expectations due to an anticipated slowdown in China and Europe. The U.S. market also remained sluggish.

By Anders Modig Davin Reporting from Paris “This is probably the most important launch for Louis Vuitton since the launch ... “I think it is on par with what the market expects,” he said.