Luxury Goods Companies Target U.S
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Global luxury goods companiesReuters
•Entertainment
Entertainment
Luxury groups pin hopes on US as China weakness persists

77% Informative
Luxury goods companies hoping U.S. shoppers will come to the rescue after relying on brisk business from Chinese buyers for decades .
China 's property crisis and sluggish economy are weighing heavily on appetite for designer clothing and handbags, while shoppers in Europe , faced with rising living costs, have also held back on splashy purchases.
LVMH, owner of Louis Vuitton and Dior , kicks off the earnings season for the sector on Jan. 28 .
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89
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