India, Oct. 12 -- LVMH (MC.PA,LVMHF.PK,MOH.DE) on Monday reported revenue of €57.15 billion for the first nine months of 2026, down 2% from €58.09 billion a year earlier, while organic revenue grew 2%.
Third-quarter organic growth was 1%, reflecting softer demand in China, while the United States, Europe and Japan recorded good growth.
Wines & Spirits posted 5% organic growth for the nine-month period, while Fashion & Leather Goods declined 2%. Perfumes & Cosmetics remained flat, Watches & Jewelry grew 8%, and Selective Retailing advanced 6%.
Fashion & Leather Goods faced a slowdown in China during the third quarter despite continued strength in the US market. Christian Dior benefited from demand for its ready-to-wear and lea...