LVMH Loses Much of Its Luxury Boom as Geopolitical Turmoil Hits High-End Spending
September 6, 2026 LVMH, the world’s largest luxury goods group, has seen much of the extraordinary stock market gains it accumulated during the pandemic-era luxury boom disappear as weaker consumer demand, geopolitical tensions and economic uncertainty weigh on the sector. The Paris-listed group, whose portfolio includes Louis Vuitton, Dior and Moët Hennessy, is now valued…