LVMH's Improving Trends in U.S., China Aren't Enough -- Market Talk

Dow Jones04-14

1049 GMT - LVMH's better trends in the U.S. and China are encouraging, but there still isn't enough hard evidence to be too optimistic on the year ahead, AlphaValue analyst Jie Zhang says. The French luxury conglomerate said demand on in those countries improved during the quarter. "We are encouraged by the improving qualitative tone in the two key markets, but it remains too early to become overly optimistic," the analyst says. The company's core fashion and leather goods business remained the key disappointment, she adds. The unit posted first-quarter sales below expectations and 2% lower on-year in organic terms. Shares are down 2.3%. (andrea.figueras@wsj.com)

(END) Dow Jones Newswires

April 14, 2026 06:49 ET (10:49 GMT)

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The company's core fashion and leather goods business remained the key disappointment, she adds. The unit posted first-quarter sales below expectations and 2% lower on-year in organic terms. Shares are down 2.3%. 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The French luxury conglomerate said demand on in those countries improved during the quarter. \"We are encouraged by the improving qualitative tone in the two key markets, but it remains too early to become overly optimistic,\" the analyst says. The company's core fashion and leather goods business remained the key disappointment, she adds. The unit posted first-quarter sales below expectations and 2% lower on-year in organic terms. Shares are down 2.3%. 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