0841 GMT - LVMH faces a tough fourth quarter, but trends could improve next year, analysts at HSBC write in a research note. It might be difficult for the French luxury giant's key fashion and leather division to improve further, the analysts say. For the third quarter, the division booked a 2% organic on-year decrease in revenue. Analysts expect the division to post a 3% decline in revenue for the last quarter of the year. Despite this, "early 2026 could show a nice acceleration of trends with notably Dior seeing a visible pick up after two very rough years," they add. Shares are up 1.4% at 641.60 euros. (andrea.figueras@wsj.com)
(END) Dow Jones Newswires
November 12, 2025 03:41 ET (08:41 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Comments