Louis Vuitton owner LVMH's sales growth slows in fourth quarter
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PARIS (Reuters) - Louis Vuitton owner LVMH posted slightly slower-than-expected sales growth in the fourth quarter on Tuesday, at a time when luxury goods companies are grappling with growing concerns over how demand in China will hold up this year. The company, which posted record revenues and profits for the whole of 2019, said sales rose 12% to 15.27 billion euros (£12.9 billion) in the October to December period. That marked an increase of 8% increase on a like-for-like basis, which strips..