LVMH fashion and leather division returns to marginal organic growth in Q2

LVMH's core fashion and leather division recorded 1% organic growth in Q2 2026, marking the first positive quarter after seven consecutive periods of decline. While the first-half performance remains negative, the data indicates a deceleration in the contraction trend that has plagued the luxury sector. The sustainability of this recovery remains uncertain amid broader concerns regarding luxury demand in key markets.