LVMH sales slump at key unit on weaker demand in China
Organic revenue at LVMH’s fashion and leather goods unit fell 5% in the third quarter, more than triple the drop analysts expected, as demand in China weakened.
A model presents a creation for Louis Vuitton Women's Spring/Summer 2027 collection fashion show as part of the Paris Fashion Week, in Paris on October 6, 2026. Image: Getty Images
A model presents a creation for Louis Vuitton Women's Spring/Summer 2027 collection fashion show as part of the Paris Fashion Week, in Paris on October 6, 2026. Image: Getty Images