LVMH, Hermes, Prada share prices hit as Kering nosedives

Luxury goods stocks came under pressure on Wednesday as concerns about the Chinese market continued. Kering share price crashed by more than 10% after the company published weak financial results. This drop triggered a major sell-off among other luxury group companies. LVMH, the biggest luxury group in the world, dropped by over 2%. Similarly, Hermes […]