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LVMH Continued growth in the third quarter of 2026 Paris , October 12 , 2026 LVMH Moët Hennessy Louis Vuitton , the world's leading high - quality products group , recorded revenue of € 57.1 billion in the first nine months of 2026. Organic revenue growth came to 2 % . Backed by its diverse range of businesses , LVMH remained very solid in an uncertain geopolitical and economic environment , and maintained its innovative momentum . In the third quarter , organic revenue growth reflected the impact on business activity of a less buoyant environment in China , while the United States , Europe and Japan saw good growth . Revenue by business group changed as follows : In millions of euros First 9 months 2025 First 9 months 2026 Change First 9 months 2026/2025 Reported Organic * Change Q3 2026 / Q3 2025 Organic * Wines & Spirits 3 917 4 027 + 3 % + 5 % + 6 % Fashion & Leather 27 611 26 391 -4 % -2 % -5 % Goods Perfumes & Cosmetics 6040 5 922 -2 % 0 % + 1 % Watches & Jewelry 7 409 7 725 + 4 % + 8 % + 6 % Selective Retailing 12 613 12 476 -1 % + 6 % + 8 % Other activities and 500 607 eliminations Total LVMH 58 090 57 148 -2 % + 2 % + 1 % * On a constant consolidation scope and currency basis . For the Group , the impact of changes in scope with respect to the first nine months of 2025 was -1 % and the impact of exchange rate fluctuations was -3 % . For the third quarter of 2026 , the impact of changes in scope was -2 % and the exchange rate impact was + 2 % . The Wines & Spirits business group recorded organic revenue growth of 5 % in the first nine months of 2026. The champagne business saw further signs of the recovery observed since the beginning of the year , particularly in Europe . Moët & Chandon continued to enjoy a high - profile presence during its second season as the Official Champagne of Formula 1 Grand Prix races . Hennessy cognac saw good momentum in Asia , while the US market benefited from the launch of the new VS range of ready - to - serve cocktails . Provence rosé wines continued to make good progress . The Fashion & Leather Goods business group continued to benefit from the buoyant US market but was affected in the third quarter by the slowdown in demand in China . The creative renewal of our Maisons bore fruit . Louis Vuitton paid tribute to its iconic bags for the 130th anniversary of the Monogram , revisiting the original canvas used for the Maison's first trunks with the new Monogram Emblème jacquard weave . Ready - to - wear collections designed by Nicolas Ghesquière saw good momentum , as did the Men's collections designed by Pharrell Williams . The Maison continued to offer its customers a range of unique in - store experiences , exemplified by LV The Place Seoul and immersive new travel - inspired locations around the world . Christian Dior benefited from the major success of 1/4