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Can luxury grow forever?

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 27/10/2026, 10:11:24 UTC.

Briefings

Luxury group executives are preparing for economic downturns despite recent revenue declines, with Antoine Arnault of LVMH stating the industry will endure cycles. Key facts include LVMH's 2% revenue drop in the first nine months, a 3-year consecutive decline for Kering, and the CEO Luca de Meo's lack of success despite hiring Demna. The narrative remains positive, but uncertainty persists about whether all brands can survive future economic shifts.

Key points

• Antoine Arnault of LVMH stated the luxury industry will endure economic cycles, predicting recovery when markets rebound.
• Kering's revenue has declined for three consecutive years, with CEO Luca de Meo's measures failing to reverse the trend despite hiring Demna.

Context

Luxury group executives are preparing for economic downturns despite recent revenue declines, with Antoine Arnault of LVMH stating the industry will endure cycles. The narrative remains positive, but uncertainty persists about whether all brands can survive future economic shifts.

Limitations

Evidence covers only LVMH and Kering; other luxury groups' performance is not detailed. Revenue figures are from the first nine months of 2026, with no data on future forecasts or long-term trends.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 27/10/2026, 10:41:10 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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