Middle East Conflict, Shifting China Demand Weigh on LVMH and Kering
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A Louis Vuitton store at a shopping mall in Chongqing, China, May 2, 2026. Photo: VCG
European luxury groups LVMH Moët Hennessy Louis Vuitton SE and Kering SA said the conflict in the Middle East and continued softness in China weighed on their second-quarter results.
The latest earnings from the world’s top luxury conglomerates highlight a shifting global landscape for high-end goods, where changing consumer behavior in a maturing Chinese market and geopolitical headwinds are forcing brands to rethink their growth strategies.
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