By and  on July 25, 2013

PARIS — Leading luxury conglomerates Kering and LVMH Moët Hennessy Louis Vuitton on Thursday reported lackluster first-half results, as the slowdown in China as well as persistent economic volatility in Europe continued to penalize the world’s top brands.

Despite a sharp slowdown in sales growth compared with the same period last year, both groups said they remained upbeat for the balance of 2013.

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