China Weakness Weighs on LVMH’s Third Quarter Sales

LVMH reported a 5% decline in third-quarter sales in Asia-Pacific excluding Japan, as weak Chinese demand and a trademark dispute involving Louis Vuitton weighed on its core fashion and leather goods business.

Revenue for the quarter ended Sept. 30 rose 1% from a year earlier at constant exchange rates to 18.5 billion euros ($20.7 billion), the company said Monday. Revenue for the first nine months of 2026 increased 2% to 57.1 billion euros.