LVMH sales return to growth as China demand improves

PARIS, Oct 14 - LVMH sales increased by 1% in the third quarter, driven by improved demand in China, offering some solace to a luxury goods sector grappling with a prolonged slump.
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• LVMH Q3 sales rise 1% to 18.28 billion euros, beat forecasts
• Mainland China turned positive in Q3, LVMH CFO says
• Luxury sector challenges include tariffs, economic uncertainty
• LVMH shares up 13% since July amid positive investor sentiment
• LVMH US shares up 7.5% on Tuesday