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Fashion steady as LVMH sales fallFashion steady as LVMH sales fall
3-Feb-2004
French luxury conglomerate LVMH Moët Hennessy-Louis Vuitton suffered a 6% fall in sales in 2003, down from Eu12.69bn ($16.06bn) to Eu11.96bn ($15.14bn).
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The decline would have been much steeper were it not for the steady performance of the fashion and leathergoods division.
Although sales in all other divisions fell by between 7%
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