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Luxury

LVMH disappoints in the third quarter: China slows again and the stock slides after a difficult 2026

Third-quarter revenue grew just 1% organically, against a luxury sector expected to run closer to 5%, as Fashion & Leather Goods — the group’s...

LVMH disappoints in the third quarter: China slows again and the stock slides after a difficult 2026

Luxury

LVMH sells Marc Jacobs in surprise $1 billion deal as it slims down its luxury portfolio

The French luxury group is handing the American label to Whp Global and G-III Apparel Group; Marc Jacobs himself will stay on as creative director.

LVMH sells Marc Jacobs in surprise $1 billion deal as it slims down its luxury portfolio