Sales of leather and fashion goods by the French fashion group LVMH (Möet Hennessy Louis Vuitton) appear have borne the brunt of the downturn in consumer confidence in the wake of the US terrorist attacks.

The company said last week that sales growth for the group as a whole slowed to 8% in the third quarter of 2001 to Eur2.98 ($2.7 billion) while in the US the decline was even greater, at 15%.

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