Portugal

LVMH loses EUR 130 billion in exchange this year

Read full article at source ↗

Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 06/10/2026, 23:26:25 UTC.

Briefings

LVMH reported a 130.3 million euro drop in market capitalization from the start of 2026, falling from 321 million to 190.7 million euros by October 6. This decline represents a 58% reduction since April 2026, where the group reached 454 million euros. The drop is attributed to a 1% decline in organic sales in 2024 and 5% in 2025, with China's market exposure estimated at nearly one-third of fashion sales. Analysts predict a 10% drop in China and 5% growth in the US for the third quarter of 2026, though these forecasts remain uncertain.

Key points

• LVMH's market capitalization fell from 321 million euros at year-end 2025 to 190.7 million euros by October 6, 2026, representing a 58% decline since April 2026.
• The fashion and leather goods division, which accounts for 74.4% of LVMH's operating results, saw sales decline 1% organically in 2024 and 5% in 2025.

Context

LVMH's market performance is under scrutiny due to a significant drop in market capitalization. The group's strategy is questioned by analysts, particularly regarding its reliance on the Louis Vuitton brand and exposure to the Chinese market, which accounts for nearly one-third of fashion sales.

Limitations

Data is limited to October 6, 2026, with forecasts for the third quarter of 2026 provided by Jefferies and Reuters. The 58% decline since April 2026 is based on reported figures, and specific sales figures for the third quarter of 2026 are not yet available.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 24/10/2026, 12:11:44 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

View archived briefing on IPFS
bafybeiemogbhre4v3bxjjagd5urhgm2j44xeunge3ayodbtku55xksgpyu