LVMH will hope to build on its shows at Paris Fashion Week at the start of the month when it updates investors in the coming days.
Analysts at Deutsche Bank said that while times are tough, there may be light at the end of the tunnel.
One said: ‘Consumer confidence faces less obvious geo-political challenges in 2026, stock markets remain robust and housing wealth should recover.’
Stylish: LVMH’s Louis Vuitton brand modelled by Naomi Campbell (pictured)
LVMH (its Louis Vuitton brand modelled by Naomi Campbell) is anticipated to post sales of £13.6billion for the three months to the end of September – a 1 per cent fall compared to the year before.
Investors will be hoping for signs of green shoots after sales plunged earlier this year amid deepening gloom in the luxury world.
DIY INVESTING PLATFORMS
AJ Bell
AJ Bell
Easy investing and ready-made portfolios
Hargreaves Lansdown
Hargreaves Lansdown
Free fund dealing and investment ideas
interactive investor
interactive investor
Flat-fee investing from £4.99 per month
InvestEngine
InvestEngine
Account and trading fee-free ETF investing
Trading 212
Trading 212
Free share dealing and no account fee
Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence.
This article was originally published by a www.dailymail.co.uk . Read the Original article here. .