Compagnie Financiere Richemont SA

LVMH Moet Hennessy - Louis Vuitton, Societe Europeenne

Kering SA

The Middle East is not the largest but an important market for the industry

Luxury stocks have fallen in price due to the U.S.-Iran war. Hermes at a two-year low

French luxury group Kering, which owns brands such as Gucci, Yves Saint Laurent, Bottega Veneta and Balenciaga, again reported a decline in sales last quarter. At the same time, it was less deep than analysts expected. At year-end, the company is also down 10%, but it expects a return to growth in 2026. The market took these results and forecasts positively: Kering shares rose sharply.

'This is not the year we wanted': Gucci owner reports sales slump, but shares soar

PUMA SE

Puma shares jumped nearly 23% in Frankfurt on the news, but have since corrected and at the time of publication are trading in the plus side by just over 5% relative to the previous close

Puma has had a change of major shareholder. The owner of Gucci sold his stake at a 60% premium

Burberry Group plc

Brunello Cucinelli S.p.A.

The imposition of new U.S. duties over Greenland could reduce eurozone GDP by about 0.1%, Goldman Sachs has calculated

LVMH and Kering shares fall due to Trump's duties. A quarter of the brands' sales depend on the US

A sharp rise in Richemont quotations at the opening of trading in Zurich was quickly followed by a fall

Cartier owner beats holiday quarter sales forecast. Why did the stock fall?

Optimism in the European luxury sector is increasing, with more and more analysts believing that the rally that started in the second half of 2025 could continue into 2026. The recovery is indicated by strong quarterly reporting from luxury goods manufacturers, a rebound in demand in China and the renewal of creative teams at fashion houses. Key market players, including LVMH and Richemont, are already showing signs of a turnaround after two years of decline.

Analysts expect the luxury market rally to continue in 2026. Who to bet on?

Tesla, Inc.

Apple Inc.

Netflix, Inc.

Luxury showed signs of recovery: reports from Hermès, Prada and Kering gave investors hope for a turnaround after a prolonged slump. US inflation in September was below expectations - the market has little doubt that the Fed will cut rates next week. Gold suffered its biggest drop in 12 years and oil jumped after US sanctions on Rosneft and Lukoil. Tesla exceeded revenue forecasts and disappointed with profits, and its CEO Elon Musk wants a $1 trillion bonus. The main events of October 20-24 are in our review.

Highlights of the week: luxury gets its shine back, gold gets cheaper, Musk wants $1 trillion

L'Oreal S.A.

Sales fell less than expected and profits beat analysts' forecasts: investors were positive about the first results of the restructuring under Luca de Meo's leadership

'Hope rally continues': Gucci owner's shares soar 11% after report

The value of the Fenty brand could be valued at $1-2 billion

Reuters: LVMH may sell a stake in Rihanna's beauty brand. He made the singer a billionaire

Kering suffers from high debt and has to look for ways to reduce it

Shares in the owner of Gucci have hit a high in more than a year. He will sell part of the business

LVMH's third-quarter results beat expectations across the board, Bernstein notes

Investment banks bet on LVMH. What other luxury stocks does Wall Street recommend buying?

Hermes International Societe en commandite par actions

Performance across all divisions of the company exceeded analysts' expectations, including the key fashion and leather goods division