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	<title>Luxury in Asia &#187; sales</title>
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		<title>China could save Luxury sales</title>
		<link>http://www.leluxe.asia/2009/distribution/china-could-save-luxury-sales/</link>
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		<pubDate>Tue, 20 Oct 2009 03:04:35 +0000</pubDate>
		<dc:creator>Gabriel</dc:creator>
				<category><![CDATA[Distribution]]></category>
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		<description><![CDATA[LVMH Moet Hennessy Louis Vuitton, the world&#8217;s largest luxury-goods company, on Monday said its third-quarter sales slipped 0.6%, hindered by the consumer-spending implosion and retailers working down inventories without ordering new merchandise. The luxury-goods industry likely won&#8217;t fully recover from the downturn until 2011 or 2012, consulting firm Bain &#38; Co. said in a forecast [...]


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