https://www.live-feeds.com/feed/luxury-groups-value-drops-by-250bn-as-chinese-consumer-demand-fadesContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/luxury-groups-value-drops-by-250bn-as-chinese-consumer-demand-fadeshttps://www.live-feeds.com/feed/luxury-groups-value-drops-by-250bn-as-chinese-consumer-demand-fades#u166387Sat, 31 Oct 2026 15:26:36 +0000European luxury stocks have shed €250 billion in market value this year as consumer demand in China fades. Major fashion houses including LVMH, Kering, and Hermès are seeing their shares plummet to multi-year lows. According to industry reports, mainland China sales have dropped by as much as 20 percent. This downturn stems from a broader property crisis and weak stock market performance in the region, alongside cooling consumer spending in the United States. Gucci owner Kering dropped 16 percent as the industry braces for a challenging winter.Why it mattersThe sharp valuation drop challenges