It was a similar story last week for fashion and leather goods at LVMH, owner of brands such as Louis Vuitton and Dior. Though overall sales fell as duty-free retail struggled, the fashion segment grew 12%. On the company's Oct. 15 earnings call, CFO Jean-Jacques Guiony said without a vaccine for Covid-19, he doesn't think tourism will get back to normal anytime soon. But in the meantime, there's more "repatriation" going on, helping to buoy sales.