Luxury Brand Stocks Plunge to Lowest Level in Years as LVMH, Kering and Hermès Hit with Sales Declines
- Shares of LVMH, Kering, and Hermès have fallen 40% this year as luxury demand weakens, particularly among Chinese and “aspirational” shoppers.
- Third-Quarter sales declined 1% at Kering, 2% at LVMH, and 2% at Hermès, while Gucci sales fell 6%.
- China’s weak economy, falling property values, reduced spending, and new offshore-trust tax rules are pressuring luxury purchases.
- The companies remain committed to China and plan to continue investing there.
23 Articles
23 Articles
European luxury commodity companies suffer with declining demand in China and the United States and fluctuations in stock markets, causing their market values to decline.
Luxury brand stocks plunge to lowest level in years as LVMH, Kering and Hermès hit with sales declines
Stocks for some of Europe's most famous luxury brands are plummeting to their lowest level in years as Chinese customers cut back purchases and an industry revamp fails to launch.
Europe’s Luxury Giants Trade at Lowest Valuations in a Decade
Shares in Europe’s biggest luxury firms trade at the cheapest levels in more than a decade, with results from Hermès International SCA and LVMH Moët Hennessy Louis Vuitton SE dashing hopes that an industry slump will end anytime soon.
Shares of French luxury goods manufacturers Herms and LVMH have lost about 40% of their value since the beginning of 2026 amid weakening demand in China, Bloomberg reports
Shares of French luxury goods manufacturers Herms and LVMH have lost about 40% of their value since the beginning of 2026 amid weakening demand in China, Bloomberg reports.For Herms, this year may be the worst stock performance since the company...
The shares of the largest European luxury producers, Hermes International and LVMH, have fallen to minimal levels since 2016 against a background of declining demand and investor concerns, reported Bloomberg. The stocks of Hermes International have increased by 4.9 per cent due to weak sales in the third quarter, Bloomberg writes. The ratio of expected returns to stock value has fallen to 27, compared to nearly 70 at peak in 2021, which was the …
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