LVMH Unexpected Sales Growth Boosts Luxury Sector

11 days ago

Louise Moon

"LVMH surging almost 14% higher in Paris now and a wider rally too in the luxury sector. Tell us more. Indeed. Yeah. So essentially this is an unexpected return to sales growth. They had their third quarter results this morning. Stronger than expected performance across the board and essentially analysts are saying this is an encouraging trend. So um you know it it's a it's an improvement in relation to the wider sector. They're suggesting that it's a return to growth could be possible next year. they're citing quite a confident tone for 2026 and notably um as part of these kind of encouraging trends notably in China which is which is a key market for LVMH and as you say it led to peers also surging so the likes of Burberry caring also far higher um across the board so shares in LVMH rising on that unexpected positive news a step in the right direction."

The speaker highlights LVMH's unexpected sales growth as a catalyst for a rally in the luxury sector, noting strong Q3 results and growth potential driven by key markets like China, suggesting a positive outlook for next year.

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