{"id":2194372,"date":"2026-10-13T08:41:04","date_gmt":"2026-10-13T05:41:04","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=2194372"},"modified":"2026-10-13T08:41:04","modified_gmt":"2026-10-13T05:41:04","slug":"lvmh-sales-miss-growth-forecasts-as-china-luxury-demand-slows","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=2194372","title":{"rendered":"LVMH sales miss growth forecasts as China luxury demand slows"},"content":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/images.euronews.com\/articles\/stories\/09\/94\/98\/36\/1200x675_cmsv2_33f0573c-56ef-5e2e-a69e-8b0271341b5b-9949836.jpg&#8221;]<\/p>\n<article id=\"abe-2933109-pos1-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1\" data-nid=\"2933109\" data-cid=\"9949433\" data-part-label=\"Partner content\">\n<figure id=\"abe-2933109-label-pos1-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/94\/33\/189x106_cmsv2_c17ad27c-0efa-55d5-a6e5-2d02d674fc45-9949433.jpg\" loading=\"lazy\" alt=\"Winners of the Future Engineers competition\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Tech News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Uzbekistan\u2019s young engineers build talking gloves and drone hunters\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2933204-pos2-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1\" data-nid=\"2933204\" data-cid=\"9949885\" data-part-label=\"Partner content\">\n<figure id=\"abe-2933204-label-pos2-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/98\/85\/189x106_cmsv2_f1cf38ce-ba7d-5d0b-b884-635a11b423fd-9949885.jpg\" loading=\"lazy\" alt=\"Benjamin Netanyahu orders prosecution of NAZA documentary interviewees \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Cinema<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Benjamin Netanyahu orders prosecution of &#8216;NAZA&#8217; documentary interviewees\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2933131-pos3-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1\" data-nid=\"2933131\" data-cid=\"9949808\" data-part-label=\"Partner content\">\n<figure id=\"abe-2933131-label-pos3-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/95\/92\/189x106_cmsv2_ab28cc51-832c-57a4-97f6-33c99d51468e-9949592.jpg\" loading=\"lazy\" alt=\"In 2023, 14-year-old child bride B. sits on a bed in a flat in Kuala Lumpur. She is expected to marry an older man.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Child marriage in Germany: Over 350 cases logged, some brides aged 11\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2933202-pos4-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 the-media-object--has-video\" data-nid=\"2933202\" data-cid=\"9949873\" data-part-label=\"Partner content\">\n<figure id=\"abe-2933202-label-pos4-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/98\/73\/189x106_cmsv2_890f37c5-9634-5bc7-a7ac-6034d361ea6a-9949873.jpg\" loading=\"lazy\" alt=\"Passenger train derails in central Pakistan, causing deaths and injuring dozens of people\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    No Comment<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Pakistan: Passenger train derailment kills at least five, injures more than 30\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2933109-pos1-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2\" data-nid=\"2933109\" data-cid=\"9949433\" data-part-label=\"Partner content\">\n<figure id=\"abe-2933109-label-pos1-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/94\/33\/189x106_cmsv2_c17ad27c-0efa-55d5-a6e5-2d02d674fc45-9949433.jpg\" loading=\"lazy\" alt=\"Winners of the Future Engineers competition\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Tech News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Uzbekistan\u2019s young engineers build talking gloves and drone hunters\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2933204-pos2-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2\" data-nid=\"2933204\" data-cid=\"9949885\" data-part-label=\"Partner content\">\n<figure id=\"abe-2933204-label-pos2-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/98\/85\/189x106_cmsv2_f1cf38ce-ba7d-5d0b-b884-635a11b423fd-9949885.jpg\" loading=\"lazy\" alt=\"Benjamin Netanyahu orders prosecution of NAZA documentary interviewees \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Cinema<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Benjamin Netanyahu orders prosecution of &#8216;NAZA&#8217; documentary interviewees\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2933131-pos3-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2\" data-nid=\"2933131\" data-cid=\"9949808\" data-part-label=\"Partner content\">\n<figure id=\"abe-2933131-label-pos3-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/95\/92\/189x106_cmsv2_ab28cc51-832c-57a4-97f6-33c99d51468e-9949592.jpg\" loading=\"lazy\" alt=\"In 2023, 14-year-old child bride B. sits on a bed in a flat in Kuala Lumpur. She is expected to marry an older man.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Child marriage in Germany: Over 350 cases logged, some brides aged 11\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2933202-pos4-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 the-media-object--has-video\" data-nid=\"2933202\" data-cid=\"9949873\" data-part-label=\"Partner content\">\n<figure id=\"abe-2933202-label-pos4-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/98\/73\/189x106_cmsv2_890f37c5-9634-5bc7-a7ac-6034d361ea6a-9949873.jpg\" loading=\"lazy\" alt=\"Passenger train derails in central Pakistan, causing deaths and injuring dozens of people\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    No Comment<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Pakistan: Passenger train derailment kills at least five, injures more than 30\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article class=\"helper-site-row o-article-newsy\">\n<div class=\"helper-site-container o-article-newsy__container\">\n<div class=\"o-article-newsy__main\">\n<header class=\"h-grid o-article-newsy__main__header\">\n<nav aria-label=\"Breadcrumbs\" class=\"c-article-breadcrumbs\">\n<div id=\"adb-article-breadcrumb\" class=\"c-article-breadcrumbs__list\">\n<p>                          Business<\/p>\n<p>                          Business<\/p><\/div>\n<\/nav>\n<h1 class=\"c-article-redesign-title\">\n                            LVMH sales miss growth forecasts as China luxury demand slows<\/h1>\n<div class=\"c-article-image-video u-position-relative \">\n<div class=\"js-superdiv u-aspect-ratio-16x9 u-position-relative \" data-controller=\"video-player\" data-sponsored=\"Partner content\"><img fetchpriority=\"high\" decoding=\"async\" class=\"js-poster-img c-article-media__img\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/98\/36\/1536x864_cmsv2_33f0573c-56ef-5e2e-a69e-8b0271341b5b-9949836.jpg\" width=\"1536\" height=\"864\" loading=\"eager\" alt=\"File - FILE - CEO of LVMH Bernard Arnault presents the group&apos;s 2019 results during a press conference, in Paris, Tuesday, 28 Jan. 2020. \"><\/div>\n<div class=\"c-article-caption u-position-absolute\"><i id=\"article-caption-content\" class=\"c-article-caption__content\"><span class=\"c-article-caption__text\"><br \/>\n              File &#8211; FILE &#8211; CEO of LVMH Bernard Arnault presents the group&#8217;s 2019 results during a press conference, in Paris, Tuesday, 28 Jan. 2020.<br \/>\n                    <span class=\"u-color-white\">&#8211;\u00a0<\/span><span class=\"c-article-caption__copyright\">Copyright\u00a0<\/span><span class=\"c-article-caption__credit\">AP Photo\/Thibault Camus, File<\/span><\/span><\/i><\/div>\n<div class=\"c-article-image-copyright c-article-image-copyright--novideo\">\n      Copyright\u00a0AP Photo\/Thibault Camus, File\n  <\/div>\n<\/div>\n<\/header>\n<div class=\"h-grid o-article-newsy__main__body u-article-content\">\n<div class=\"o-article-newsy__contributors-publication-date\">\n<div class=\"c-article-contributors\">\n  By&amp;nbspDoloresz Katanich&amp;nbspwith&amp;nbsp<b>AFP<\/b><\/div>\n<div class=\"c-article-publication-date\" data-timestamp=\"1791880864\">\n         Published on<br \/>\n            <time datetime=\"2026-10-13 10:41:04 +02:00\">13\/10\/2026 &#8211; 10:41 GMT+2<\/time><\/div>\n<\/div>\n<div class=\"c-article-share-comment u-align-items-center u-display-flex\"><span class=\"c-article-share-comment__links u-align-items-center u-display-flex u-justify-content-center js-c-article-share-comment-share\"><span 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width=\"48\" height=\"48\" alt=\"whatsapp\" class=\"u-show-for-desktop\" loading=\"lazy\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2 class=\"c-article-summary\">\n        LVMH, the world&#8217;s leading luxury group, said its sales edged higher in the third quarter despite a slowdown in demand in China hitting its fashion and leather goods segment.<br \/>\n    <\/h2>\n<div class=\"c-article-content c-article-content--business js-article-content\">\n<p>The fashion giant, once Europe\u2019s most valuable listed company, reported revenue of \u20ac18.5 billion in the three months to the end of September. <\/p>\n<div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt loading=\"lazy\"><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt loading=\"lazy\"><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<p>The firm, whose brands include Louis Vuitton, Dior, Celine and drinks maker Hennessy, saw a revenue increase of 1.2% year on year in the third quarter, after a 0.1% rise in the second quarter and a 5.9% fall in the first.<\/p>\n<p>However, organic sales growth, which excludes currency movements and changes to the group&#8217;s business portfolio, fell short of expectations. Growth slowed to 1% in the third quarter from 3% in the second.<\/p>\n<p>Overall, in the first nine months, sales were \u20ac57.1 billion, with organic sales up 2%.<\/p>\n<p>The company praised its diverse business portfolio in a statement, saying it provided resilience in an uncertain geopolitical and economic environment.<\/p>\n<p>LVMH said sales growth was good in the United States, Europe and Japan, but it faced a less favourable environment in China.<\/p>\n<p>As a result, the fashion and leather goods segment saw sales drop 5% on an organic basis as weaker demand in the world&#8217;s second-largest economy weighed on the business. The decline was steeper than the roughly 2% fall expected by analysts, according to Deutsche Bank.<\/p>\n<div class=\"c-widget-related\" data-stories-id data-event=\"widget_related\">\n<div class=\"c-widget-related__title\"><b class=\"c-widget-related__title__text\" lang=\"en\">Related<\/b><\/div>\n<ul class=\"c-widget-related__list\" id=\"abe-article-related-1\">\n<li class=\"c-widget-related__item\">Luxury giant LVMH faces headwinds as sales growth slows in first quarter<\/li>\n<li class=\"c-widget-related__item\">LVMH Chief Bernard Arnault sees his wealth jump by $19 billion<\/li>\n<\/ul>\n<\/div>\n<p>Louis Vuitton also saw its public image take a hit in China after suing local tea company Molly Tea for copying its logo. While it won the case, the dispute provoked a wave of indignation on social media and calls to boycott the brand.<\/p>\n<p>Overall, the quarter proved to be a setback for the fashion and leather goods segment, as the drop in sales followed the division posting its first organic sales gain in two years in the previous quarter.<\/p>\n<p>But LVMH&#8217;s selective retailing division, which includes the Sephora perfume and cosmetics retail chain, posted an 8% organic sales increase, while the watches and jewellery and wines and spirits segments both managed 6% organic gains.<\/p>\n<p>Deutsche Bank analysts said the results could prompt further cuts to earnings forecasts for the second half of 2026 and 2027.<\/p>\n<p>\u201cIt is hard to see what could change investor sentiment in the short term,\u201d they wrote, although they viewed the weakness as cyclical rather than structural.<\/p>\n<p>&#8220;Overall, recovery is taking longer due to the weaker Chinese demand, but the company do not see it as a structural issue. Brand initiatives are producing results and they expect these bottom-up measures to be more gradual,&#8221; they wrote.<\/p>\n<p>LVMH&#8217;s share price has dropped nearly 40% since the start of the year. In September, L&#8217;Or\u00e9al overtook the group as France&#8217;s most valuable listed company. LVMH\u2019s share price was down more than 1.6% at around 10am CEST in Paris.<\/p>\n<\/div>\n<p>                                  Go to accessibility shortcuts<\/p>\n<div class=\"c-article-share-comment u-align-items-center u-display-flex\"><span class=\"c-article-share-comment__links u-align-items-center u-display-flex u-justify-content-center js-c-article-share-comment-share\"><span class=\"c-article-share-comment__label\">Share<\/span><\/span><span class=\"c-article-share-comment__label\">Comments<\/span><span class=\"c-article-share-comment__label c-article-share-comment__label--always\">Add Euronews on Google<\/span><\/div>\n<div id=\"adb-article-you-might-also-like\" class=\"perf-cv-auto c-article-you-might-also-like\">\n<h2 class=\"c-article-you-might-also-like__title\">\n        Read more<br \/>\n      <\/h2>\n<div class=\"c-article-you-might-also-like__container\">\n<div class=\"the-media-object__geoblockedmsg js-article-hider\"><img decoding=\"async\" class=\"the-media-object__geoblockedmsg__icon\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/image-black.svg\" alt width=\"32\" height=\"32\" loading=\"lazy\"><br \/>\n    Sorry, this content is not available in your country\n  <\/div>\n<article id=\"abe-2932948-pos1-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1\" data-nid=\"2932948\" data-cid=\"9948620\" data-part-label=\"Partner content\">\n<figure id=\"abe-2932948-label-pos1-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/86\/20\/480x270_cmsv2_3c3aa991-5c13-5871-9c1f-e427d0705e9d-9948620.jpg\" loading=\"lazy\" alt=\"File - Thales handout photo of a Thales GM200 Multi-Mission All-in-one (GM200MM\/A) radar. 28 Aug. 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    French defence firm Thales to open Japan maintenance base<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2932916-pos2-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1\" data-nid=\"2932916\" data-cid=\"9948399\" data-part-label=\"Partner content\">\n<figure id=\"abe-2932916-label-pos2-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/90\/47\/21\/480x270_cmsv2_9e76da46-563f-58b8-bd23-76e57c3d61f5-9904721.jpg\" loading=\"lazy\" alt=\"FILE. An advertisement for Bitcoin displayed on a building in Hong Kong, Nov. 2021\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    French MPs push exit tax on crypto holdings above \u20ac800,000<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<div class=\"perf-cv-auto\">\n<ul id=\"adb-article-tags\" class=\"c-tags-list\">\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  sales<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Shares<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  LVMH<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Chinese economy<br 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decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<div id=\"adb-article-top-stories\" class=\"perf-cv-auto c-top-stories\">\n<h2 class=\"c-top-stories__title\">Top stories<\/h2>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2933115-pos2-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 the-media-object--no-label\" data-nid=\"2933115\" data-cid=\"9949476\" data-part-label=\"Partner content\">\n<figure id=\"abe-2933115-label-pos2-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/94\/76\/320x180_cmsv2_e82a9bd2-48a2-5495-94c8-b68f5e06fad5-9949476.jpg\" loading=\"lazy\" alt=\"The logo of the International Monetary Fund is visible on its building\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    IMF forecasts 3.1% global growth in 2026, with eurozone at 1.1%<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2932991-pos3-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 the-media-object--has-video the-media-object--no-label\" data-nid=\"2932991\" data-cid=\"9949418\" data-part-label=\"Partner content\">\n<figure id=\"abe-2932991-label-pos3-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/88\/64\/320x180_cmsv2_84994b24-42b5-5074-96d9-a38ff26a435f-9948864.jpg\" loading=\"lazy\" alt=\"Citro\u00ebn\u2019s new 2CV Concept, inspired by its iconic ancestor.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 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id=\"abe-2932948-pos1-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1\" data-nid=\"2932948\" data-cid=\"9948620\" data-part-label=\"Partner content\">\n<figure id=\"abe-2932948-label-pos1-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/86\/20\/480x270_cmsv2_3c3aa991-5c13-5871-9c1f-e427d0705e9d-9948620.jpg\" loading=\"lazy\" alt=\"File - Thales handout photo of a Thales GM200 Multi-Mission All-in-one (GM200MM\/A) radar. 28 Aug. 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    French defence firm Thales to open Japan maintenance base<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2932916-pos2-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1\" data-nid=\"2932916\" data-cid=\"9948399\" data-part-label=\"Partner content\">\n<figure id=\"abe-2932916-label-pos2-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/90\/47\/21\/480x270_cmsv2_9e76da46-563f-58b8-bd23-76e57c3d61f5-9904721.jpg\" loading=\"lazy\" alt=\"FILE. An advertisement for Bitcoin displayed on a building in Hong Kong, Nov. 2021\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    French MPs push exit tax on crypto holdings above \u20ac800,000<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2933115-pos2-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 the-media-object--no-label\" data-nid=\"2933115\" data-cid=\"9949476\" data-part-label=\"Partner content\">\n<figure id=\"abe-2933115-label-pos2-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/94\/76\/320x180_cmsv2_e82a9bd2-48a2-5495-94c8-b68f5e06fad5-9949476.jpg\" loading=\"lazy\" alt=\"The logo of the International Monetary Fund is visible on its building\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    IMF forecasts 3.1% global growth in 2026, with eurozone at 1.1%<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2932991-pos3-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 the-media-object--has-video the-media-object--no-label\" data-nid=\"2932991\" data-cid=\"9949418\" data-part-label=\"Partner content\">\n<figure id=\"abe-2932991-label-pos3-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/88\/64\/320x180_cmsv2_84994b24-42b5-5074-96d9-a38ff26a435f-9948864.jpg\" loading=\"lazy\" alt=\"Citro\u00ebn\u2019s new 2CV Concept, inspired by its iconic ancestor.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Citro\u00ebn&#8217;s iconic 2CV returns as an all-electric model<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2933049-pos4-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 the-media-object--no-label\" data-nid=\"2933049\" data-cid=\"9949105\" data-part-label=\"Partner content\">\n<figure id=\"abe-2933049-label-pos4-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/91\/05\/320x180_cmsv2_77bb5e44-116d-5a41-b789-4aec91725c2f-9949105.jpg\" loading=\"lazy\" alt=\"Yann Lapnet, holds a silicon wafer with chips etched into at Applied Materials as Vice President Kamala Harris tours a site where Applied Materials plans to build a $4 billion\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    This French AI stock is up 570% in 2026: Further gains ahead?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2932963-pos5-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 the-media-object--has-video the-media-object--no-label\" data-nid=\"2932963\" data-cid=\"9948699\" data-part-label=\"Partner content\">\n<figure id=\"abe-2932963-label-pos5-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/94\/86\/99\/320x180_cmsv2_739b7d75-cff5-5da8-bd7c-56583d493a55-9948699.jpg\" loading=\"lazy\" alt=\"Portraits of Robert Hall and Michael Woodford on a screen at the Royal Swedish Academy of Sciences in Stockholm, 12 October, 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    US economists win economics Nobel Prize for stabilisation models<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2932916-pos6-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 the-media-object--no-label\" data-nid=\"2932916\" data-cid=\"9948399\" data-part-label=\"Partner content\">\n<figure id=\"abe-2932916-label-pos6-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/90\/47\/21\/320x180_cmsv2_9e76da46-563f-58b8-bd23-76e57c3d61f5-9904721.jpg\" loading=\"lazy\" alt=\"FILE. 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Growth slowed to 1% in the third quarter from 3% in the second.Overall, in the first nine months, sales were \u20ac57.1 billion, with organic sales up 2%.The company praised its diverse business portfolio in a statement, saying it provided resilience in an uncertain geopolitical and economic environment.LVMH said sales growth was good in the United States, Europe and Japan, but it faced a less favourable environment in China.As a result, the fashion and leather goods segment saw sales drop 5% on an organic basis as weaker demand in the world&#8217;s second-largest economy weighed on the business. The decline was steeper than the roughly 2% fall expected by analysts, according to Deutsche Bank.Louis Vuitton also saw its public image take a hit in China after suing local tea company Molly Tea for copying its logo. While it won the case, the dispute provoked a wave of indignation on social media and calls to boycott the brand.Overall, the quarter proved to be a setback for the fashion and leather goods segment, as the drop in sales followed the division posting its first organic sales gain in two years in the previous quarter.But LVMH&#8217;s selective retailing division, which includes the Sephora perfume and cosmetics retail chain, posted an 8% organic sales increase, while the watches and jewellery and wines and spirits segments both managed 6% organic gains.Deutsche Bank analysts said the results could prompt further cuts to earnings forecasts for the second half of 2026 and 2027.\u201cIt is hard to see what could change investor sentiment in the short term,\u201d they wrote, although they viewed the weakness as cyclical rather than structural.&#8221;Overall, recovery is taking longer due to the weaker Chinese demand, but the company do not see it as a structural issue. Brand initiatives are producing results and they expect these bottom-up measures to be more gradual,&#8221; they wrote.LVMH&#8217;s share price has dropped nearly 40% since the start of the year. In September, L&#8217;Or\u00e9al overtook the group as France&#8217;s most valuable listed company. LVMH\u2019s share price was down more than 1.6% at around 10am CEST in Paris.<\/div>\n<p>[analyse_source url=&#8221;https:\/\/www.euronews.com\/2026\/10\/13\/lvmh-sales-miss-growth-forecasts-as-china-luxury-demand-slows&#8221;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/images.euronews.com\/articles\/stories\/09\/94\/98\/36\/1200x675_cmsv2_33f0573c-56ef-5e2e-a69e-8b0271341b5b-9949836.jpg&#8221;] Tech News Uzbekistan\u2019s young engineers build talking gloves and drone hunters Cinema Benjamin Netanyahu orders prosecution of &#8216;NAZA&#8217; documentary interviewees Europe News Child marriage in Germany: Over 350 cases logged, some brides aged 11 No Comment Pakistan: Passenger train derailment kills at least five, injures more than 30 Tech News Uzbekistan\u2019s young [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[90],"tags":[226,36],"class_list":["post-2194372","post","type-post","status-publish","format-standard","hentry","category-international","tag-crawlmanager","tag-euronews-com"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2194372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2194372"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2194372\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2194372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2194372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2194372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}