![](https://images.livemint.com/img/2024/07/28/1600x900/louis_vuitton--621x414_1722198325901.jpg)
Diminished aura: LVMH’s woes point to a slump in the luxury market
The owner of Louis Vuitton and Dior has reported a 1% increase in sales excluding currency movements and mergers and acquisitions in the fiscal second quarter, below analysts’ expectations of a 2.9% gain, and the lowest level of growth since 2009, …