LVMH reported €26.3 billion in revenue from its Fashion and Leather Goods business in the first 9 months of 2026 compared with €27.6 billion in the same period last year. Organic revenue fell 2% over the period with weaker demand in China affecting the business in Q3.
The luxury group recorded total revenue of €57.15 billion across all its business groups with organic revenue growing 2%.
Fashion and Leather Goods revenue reached €8.25 billion in Q3 2026 compared with €8.5 billion a year earlier. Organic revenue fell 5% during the quarter following 1% growth in Q2.
LVMH said its Fashion and Leather Goods business continued to benefit from a strong US market but faced slower demand in China during Q3.
Among its brands Christian Dior saw strong demand for ready to wear and leather goods supported by the success of designs by Jonathan Anderson. Louis Vuitton reported good momentum in its ready to wear collections while Fendi’s new Baguette bag was also a success.
Loro Piana delivered an excellent performance while Rimowa and Berluti continued to perform well. Loewe and Givenchy also continued to introduce collections under their new creative leadership.
LVMH sold Marc Jacobs to WHP Global on September 1.
The group said it would continue to focus on strengthening its brands through product quality, creativity and retail experiences despite the uncertain economic and geopolitical environment.
