The Paris Stock Exchange marked a sharp decline of 1.54% on Wednesday, weighed down by poor economic indicators in China. The flagship index lost 111.05 points to close at 7,098.70 points.

LVMH lost 2.64% to 813.90 euros, Kering 2.91% to 498.35 euros and Hermès 2. 64% to 1,901.80 euros. On the cosmetics side, L'Oréal gave up 1.29% to 399 euros.