PARIS – A day after its stock dropped more than 11 percent, LVMH Moet Hennessy Louis Vuitton on Wednesday issued a statement saying its business in China remained strong.
LVMH stock dropped sharply Tuesday after comments by LVMH China manager Andrew Wu that it would be “naïve” to believe that LVMH in China is sheltered from world economic turmoil. LVMH stock was up over 3 percent in mid-morning trading in Paris after LVMH "clarified" that its business was showing “very dynamic growth” in China.
"I was driving back on Saturday afternoon from the beach, and I just saw this sign saying 'Skydiving for $95.' And I was like, I can't not sky dive for $95," says Tom Bateman about a moment in Hawaii while shooting "Snatched." #wwdeye (📷: @vsteves; Interview by @ktauer; Styled by @thealexbadia)