LVMH Ends Seven-Quarter Slide in Core Luxury Unit as China Hennessy Momentum Improves
LVMH reported 1% organic growth in its Fashion & Leather Goods division in Q2 2026, ending seven straight quarters of decline, while group-wide organic revenue accelerated to 3% in the quarter. The company also cited sustained improvement for Hennessy cognac in China following negotiated adjustments to provisional anti-dumping duties tied to minimum export price commitments.