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China’s growth boosts sentiment on leathergoods

21/10/2013

Data showing the Chinese economy grew 7.8% year-on-year in the third quarter has boosted luxury goods stocks. The personal and household goods sector - which includes leathergoods firms such as Burberry and LVMH - was a top gainer. "China has had a bit of a rebound, and the rest of the emerging market space hasn't rebounded like China, so it's...

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