Market appreciative of LVMH’s results (and hopes it’s the turning point)

The market is appreciative of LVMH’s results: in the aftermath of the release of the quarterly statement, shares of the French giant opened up 14%. The July-September results could represent a turning point for LVMH and the entire luxury sector, but caution is in order, especially after hearing the comments of LVMH’s CFO Cecile Cabanis…