1114 GMT - LVMH will be among the luxury companies delivering a slight sequential improvement in the second quarter, both at the group level and for its core fashion and leather goods business, analysts at HSBC say. The analysts expect the French luxury conglomerate to have benefited from the creative change at Dior, with a broader product assortment designed by Jonathan Anderson available during the second quarter. Regionally, the company should report solid results in the U.S. and South Korea, while Europe might have seen an improvement. The performance in China should remain the same, and the impact from the Middle East conflict could have been more pronounced than in the first three months, they say. HSBC forecasts group sales up 2% organically. Shares rise 0.6%. (andrea.figueras@wsj.com)
(END) Dow Jones Newswires
June 17, 2026 07:14 ET (11:14 GMT)
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