LVMH Shares Surge After Strong Q3 Sales Boost from China
LVMH shares traded nearly 8% higher on the Tradegate platform on Wednesday, following the luxury group’s better-than-expected third-quarter results. The company reported a rebound in Chinese demand, helping lift investor sentiment across the luxury sector.
Strong Market Reaction
The world’s largest luxury conglomerate saw its stock rise to €575.20 on Tradegate, compared to an official close of €532.80 on Tuesday. If these gains hold once full trading opens, LVMH’s market capitalization could jump by more than €21 billion ($24.4 billion), bringing its total value above €287 billion.
First Quarter of Growth in 2025
The latest results mark LVMH’s first quarterly growth of the year. The company — a global leader spanning fashion, alcohol, and retail — is often viewed as a bellwether for the luxury industry.
Analysts Turn Optimistic on Luxury Recovery
Market analysts see the strong Q3 performance as a sign of a broader recovery in the luxury sector. Research firm Bernstein noted that LVMH’s sales exceeded expectations across all major divisions.
JPMorgan analysts expect shares of LVMH’s competitors to follow the upward trend. They added that the positive market environment could signal a stronger luxury earnings season ahead.
Broader Market Impact
Pre-market indications also showed shares of Swiss luxury group Richemont climbing 4.8%, suggesting investor optimism is spreading across the sector.
(Exchange rate: $1 = €0.8602)
