LVMH will hope to build on its shows at Paris Fashion Week at the start of the month when it updates investors in the coming days.
Analysts at Deutsche Bank said that while times are tough, there may be light at the end of the tunnel.
One said: ‘Consumer confidence faces less obvious geo-political challenges in 2026, stock markets remain robust and housing wealth should recover.’
Stylish: LVMH’s Louis Vuitton brand modelled by Naomi Campbell (pictured)
LVMH (its Louis Vuitton brand modelled by Naomi Campbell) is anticipated to post sales of £13.6billion for the three months to the end of September – a 1 per cent fall compared to the year before.
Investors will be hoping for signs of green shoots after sales plunged earlier this year amid deepening gloom in the luxury world.
DIY INVESTING PLATFORMS
Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence.
References
- ^ Compare the best investing account for you (www.thisismoney.co.uk)