Home » LVMH: does Q3 2023 signal the end of 3 years of super-growth? LVMH: does Q3 2023 signal the end of 3 years of super-growth? Kering and LVMH shares tumbled on the stock market, as both luxury conglomerates reported a marked sales slowdown in Q3 2023. After 3 years of exceptional growth, the momentum is waning, signaling a return to pre-Covid-19 levels. Through Bleuenn Fequant. Published on 17 October 2023 à 9h04 - Update on 17 October 2023 à 9h15 Resources After announcing a sales slowdown of +9% in Q3 2023 (following a +17%-uplift in Q2), the stock price of LVMH dropped by 6% on October 11th. In around six months, the luxury giant lost 25% of market capitalisation.… Bleuenn Fequant financial resultsKeringluxuryLVMH
