LVMH returns to organic growth in the third quarter

After a decline in the first half of 2025, the world’s leading luxury goods company posted slight organic growth (+1%) between July and September. This is despite the fact that the “creative shock” caused by the arrival of several new artistic directors will not bear fruit in stores until 2026…

HSBC bank expected the publication of LVMH’s third-quarter revenue to show “some signs of life after 18 months of mediocre growth.”

They were right. The world’s leading luxury goods company kicked off the third-quarter results season with good news. In a press release, it said it saw “improvements in trends in the third quarter” after two quarters of organic sales decline.

Improvement

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