LVMH Moët Hennessy Louis Vuitton reported revenue of €57.1 billion for the first nine months of 2026, with organic revenue growth of 2% as the luxury group remained resilient across a mixed global demand environment.
The company said its diversified portfolio helped support performance despite continued geopolitical and economic uncertainty.
Third-quarter organic growth reflected weaker business conditions in China, while the United States, Europe, and Japan delivered good growth.
Wines & Spirits generated €4.03 billion in revenue during the first nine months of 2026, up 3% on a reported basis and 5% organically.
Organic revenue growth for Wines & Spirits accelerated to 6% in the third quarter compared with the same period a year earlier.
The improvement in Wines & Spirits provided an important source of momentum for the group during the quarter, helping offset softer trends elsewhere in the portfolio.
Fashion & Leather Goods generated €26.39 billion in revenue during the first nine months of 2026.
That represented a 4% reported decline and a 2% organic decline from the prior-year period.
Third-quarter organic revenue for Fashion & Leather Goods declined 5% year-over-year.
Despite the uneven performance across business groups, LVMH emphasized that its broad mix of brands and geographic exposure continued to provide resilience.
The company also maintained its focus on product innovation and brand desirability, which remain central to its long-term strategy across luxury categories.
LVMH said the group maintained its innovation momentum despite the more challenging environment in parts of Asia.
The company’s third-quarter performance continued to reflect a geographic split, with softer conditions in China offset in part by stronger trends across the U.S., Europe, and Japan.
The results suggest that while demand remains uneven by region and category, LVMH continues to benefit from the scale and diversification of its portfolio as it navigates a more selective luxury spending environment.
