LVMH: US, Europe And Japan Saw Good Growth In Q3
Story updates
03:51:43 PM UTC
SquawkNews
LVMH reported €57.1B revenue for the first nine months of 2026, with organic growth of 2%. Q3 saw softer China but good growth in the US, Europe and Japan.Material DetailsContext by AI AnalystThis is a mid-cycle update confirming decelerating but positive organic growth, with category and regional…
04:18:36 PM UTC
SquawkNews
By Joshua KirbyFrench luxury giant LVMH said sales growth slowed, putting the brakes on a long-awaited recovery in Europe's struggling luxury-goods industry.The Paris-based group, owner of a stable of fashion, jewelry and champagne brands that constitutes a bellwether for the wider sector, made sal…