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The Economic Times

Economy / The Economic Times

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LVMH sales rise as US luxury demand offsets Europe slowdown, Iran War impact

Luxury giant LVMH saw quarterly sales increase, boosted by strong United States demand. This growth helped offset weaker spending in Europe and the Gulf region. The fashion and leather goods division posted its first quarterly increase in two years. However, overall results may not fully reassure investors about the sector's recovery.

27 Jul 2026 9:32 pm