LVMH third-quarter sales below expectations as fashion and leather division shrinks
LVMH reported third-quarter organic sales growth of 1 percent to €18.28 billion, below analysts' 1.3 percent expectation. The fashion and leather goods division fell 5 percent in organic sales, worse than the projected 1.8 percent decline. The results were released in Paris on October 12, highlighting weaker demand for luxury apparel and accessories.
Source: LVMH third-quarter sales below expectations as fashion and leather division shrinks — Channel News Asia
A daily AI-made news meme from Jester · Oct 12, 2026.
Topics: lvmh · luxury · fashion · sales · business
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