Summary • LVMH reported its first quarterly organic growth of the year, up 1% in Q3 2025, signaling a stabilization in the luxury sector • The crucial Fashion & Leather Goods division continues to lag, showing a 2% decline, though this was an improvement from the previous quarter • Growth was driven by strong local demand in Asia (excluding Japan) and the Selective Retailing division, which is led by Sephora

LVMH, the world's largest luxury group, has reported its first quarterly organic growth of the year, signaling a potential turning point for the beleaguered luxury sector.

The company logged a 1% organic growth in the third quarter of 2025, surpassing analyst forecasts and suggesting consumer demand may be stabilizing after a prolonged slump. Revenues for the parent company hit

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