Economy

LVMH returns to growth as Chinese demand strengthens

Photo: REUTERS, photo editor: Adelina Mamedova

LVMH posted a 1% increase in third-quarter sales, buoyed by stronger spending in China and other Asian markets, excluding Japan. The world’s largest luxury group reported «noticeable» improvement in Asia, revealing positive overall results for the first time in 2025, according to Reuters.

Quarterly revenue rose to $21.17 billion, beating expectations for flat growth. Even the fashion and leather goods division, which includes Louis Vuitton and Dior, reported a 2% drop from last year, a much better result than the 9% in the previous quarter.

LVMH CFO Cecile Cabanis acknowledged ongoing challenges such as currency fluctuations and global uncertainty, but said the group’s creative momentum gives the company confidence in the future.

Analysts noted the results indicate stabilizing demand in China and recovering major markets. Investors are now more optimistic about the luxury sector, reflecting renewed confidence in the group’s ability to navigate a softer market.