European stocks climb as LVMH drives luxury rally

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• LVMH set for best day in over two decades UP 13 PERCENT WITH DIOR.
• Luxury stocks rally across Europe
• STOXX 600 profit seen rising 0.5% in Q3, LSEG data
• LVMH Moët Hennessy Louis Vuitton, the world’s leading high-quality products group, recorded revenue of €58.1 billion in the first nine months of 2025. LVMH showed good resilience and maintained its powerful innovative momentum despite a disrupted geopolitical and economic environment. Europe and the United States, which remained stable with respect to the first nine months of 2024, benefited from solid local demand. Japan was down with respect to the same period in 2024, which had been boosted by growth in tourist spending due to the much weaker yen. The rest of Asia saw a noticeable improvement in trends with respect to 2024.
  
  
• The Fashion & Leather Goods business group saw revenue decline in the first nine months of 2025, with an improvement in the third quarter, reflecting good resilience with local customers, whereas 2024 had been boosted by strong growth in tourist spending, particularly in Japan. 1% organic growth, the third quarter saw an improvement across all business groups and all regions, with the exception of Europe, where revenue from tourist spending declined, affected by currency fluctuations, which weighed more on the quarter than earlier in the year.