Luxury group LVMH has reported revenues of €58.1 billion for the first nine months of 2025, down by 4.4% compared to the same period last year.

The fall for its leathergoods and fashion business segment was steeper. This part of the group brought in revenues of €27.6 billion, down by 7.7% year on year.

LVMH said the performance of the leathergoods part of the business had improved in the third quarter, “reflecting good resilience with local customers”.

The group said that in an uncertain economic and geopolitical environment, it remained confident and committed to a strategy focused on “continuously enhancing the desirability of its brands, and drawing on the authenticity and quality of its products”.

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