LVMH's fashion and leather goods organic sales fell 5% in Q3, steeper than the roughly 2% drop Deutsche Bank expected, with weaker China demand the driver. Group organic growth slowed to 1% from 3%, a

What happened: LVMH reported third quarter revenue of €18.5 billion, with organic sales growth of 1% missing expectations as weaker Chinese demand hit its fashion and leather goods segment. Key numbers: Q3 revenue €18.5 billion, up 1.2% year on year. Organic growth 1% in Q3 versus 3% in Q2. Why it matters: Deutsche Bank said the results could prompt further cuts to earnings forecasts for the second half of 2026 and 2027, adding it is hard to see what could change investor sentiment short term, though it viewed the weakness as cyclical rather than structural. Coverage: 3 outlets in 24h

LVMH sales miss forecasts as slowing China luxury demand pressures revenue.

LVMH sales miss forecasts as slowing China luxury demand pressures revenue. — impact context not separately stored; see What changed.