France’s LVMH saw a 1% rise in third quarter sales, thanks to improved demand in China. Sales in the fashion and leather division were down 2%, beating expectations of a 4% decline. The luxury goods group, home to Louis Vuitton and Dior, reported a 1% increase in quarterly sales to 18.28 billion euros. Despite economic challenges, analysts are optimistic about the sector, citing a push for more affordable products and creativity from new designers. LVMH shares are up 13% since July, signaling positive signs for luxury sales beyond the high end market.

Read more at Yahoo Finance: LVMH’s third-quarter sales beat forecasts as group returns to growth