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LVMH's wine and spirits business drags down overall performance of luxury group

Published:  25 July, 2014

Louis Vutton Moët Hennessy (LVMH) stock price is taking a hit as financial markets react to the conglomerate's half yearly results announced at close of business yesterday. This morning the stock was trading 6.12% lower, down from yesertday's close €141.25 per share to €132.75 (Bloomberg).

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