LVMH Expected to Post Steady Trends in Key Luxury Markets -- Market Talk

Dow Jones06-17 20:18

1218 GMT - LVMH should report stable trends in core luxury markets for the second quarter, Bernstein analysts say. "Chinese and American demand seems sequentially stable, albeit with not much improvement," the analysts write in a research note. Both China and the U.S. are key markets for the luxury industry and the French conglomerate. Meanwhile, local demand in Europe remains flattish, but the region might see slightly higher spending from tourists, they add. This comes after the Persian Gulf war hurt some companies in the luxury sector, both in the countries directly impacted by the conflict and in European markets, due to a decline in visitors from the Middle East. Local spending in the Middle East seems to be gradually recovering, Bernstein says. Shares are up 0.6%. (andrea.figueras@wsj.com)

(END) Dow Jones Newswires

June 17, 2026 08:18 ET (12:18 GMT)

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Both China and the U.S. are key markets for the luxury industry and the French conglomerate. Meanwhile, local demand in Europe remains flattish, but the region might see slightly higher spending from tourists, they add. This comes after the Persian Gulf war hurt some companies in the luxury sector, both in the countries directly impacted by the conflict and in European markets, due to a decline in visitors from the Middle East. Local spending in the Middle East seems to be gradually recovering, Bernstein says. Shares are up 0.6%. 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