1112 GMT - LVMH's results give hope that the industry might be turning the corner, Morningstar analyst Jelena Sokolova writes in a note. "As we are in the second year of downturn for the luxury industry, investors are looking for signs of demand recovery for both LVMH and broader industry," she says. The company posted an organic increase in revenue for the third quarter, with smaller declines in its biggest and most profitable fashion and leather goods division and an improvement in trends among Chinese consumers. The group's brand Louis Vuitton seems well-positioned to capture demand recovery, Sokolova adds. Shares trade 14% higher at 609.7 euros. (andrea.figueras@wsj.com)
(END) Dow Jones Newswires
October 15, 2025 07:12 ET (11:12 GMT)
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