https://www.live-feeds.com/feed/lvmh-s-fashion-and-leather-sales-fall-in-luxury-setbackContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/lvmh-s-fashion-and-leather-sales-fall-in-luxury-setbackhttps://www.live-feeds.com/feed/lvmh-s-fashion-and-leather-sales-fall-in-luxury-setback#u134090Mon, 19 Oct 2026 01:47:01 +0000LVMH reported a 5% organic sales decline in its Fashion and Leather Goods division for the third quarter of 2026, with revenue falling to 8.245 billion euros. Weak demand in China specifically impacted the group's flagship brand, Louis Vuitton, reversing a previous return to growth for the unit. While the conglomerate's overall sales rose by 1% during the quarter, the slump in its largest business unit has dampened expectations for a broader luxury sector recovery.Why it mattersThe luxury industry has been mired in a three-year slowdown. LVMH is the world's largest luxury group,