Shares in Louis Vuitton's owner sank Tuesday, after the company said sales fell 3% over the three months through March compared with a year earlier. The stock dropped 7.8% in Paris.

Many of the world's largest luxury companies saw their share prices decline this year as the market for high-end ... and ...

Pam Danziger reports on retail, focused on the luxury consumer market. LVMH first-quarter ... Leading brands in this segment include Louis Vuitton, Dior, Loro Piana and Fendi.

PARIS (Reuters) - LVMH lost its position on Tuesday as Europe's largest luxury company in terms of market capitalization ... whose high-end brands include Louis Vuitton and Dior, jewellery brand ...