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LVMH Struggles to Bounce Back Amid Deepening Luxury Downturn

Sales in the group’s critical fashion and leather goods division — which includes flagship brand Louis Vuitton — fell 9 percent in the latest quarter. The group is fending off challenges across key units.
Louis Vuitton (LV) unveils its monumental ship-shaped structure, a new conceptual landmark, at Taikoo Hui Wujiang junction on June 25, 2025 in Shanghai, China.
Louis Vuitton unveils its monumental ship-shaped structure, a new conceptual landmark, at Taikoo Hui Wujiang junction on June 25, 2025 in Shanghai, China. (Getty Images)

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