Paris, January 24, 2026, 20:13 CET — The market has closed.
- On Friday, LVMH shares ended the day at 591.40 euros, slipping 0.72%.
- LVMH will release its full-year 2025 results after the Paris market closes on January 27.
- Investors are tracking updates on watches and Asia travel retail, while also eyeing demand signals from China and the U.S.
Shares of Paris-listed LVMH Moët Hennessy Louis Vuitton SE (MC.PA) slipped 0.72% to finish at 591.40 euros on Friday, down 4.30 euros. The stock fluctuated between 586.20 and 596.50 euros on volume of around 307,456 shares, still far from its 52-week peak of 762.70 euros. France’s CAC 40 index edged down 0.07%. 1
Markets are closed Saturday, shifting focus to LVMH’s 2025 full-year results, set for release after Tuesday’s close. The luxury giant will stream a live webcast starting at 6 p.m. Paris time. 2
This report carries weight as LVMH stands as a key barometer for Europe’s luxury market and a major player in the CAC 40. Its insights on demand trends in the US and China often influence peers like Hermès and Kering, along with their suppliers.
Risk appetite was fragile ahead of Monday’s open. European shares ended a five-week winning streak on Friday after U.S. President Donald Trump’s tariff threats tied to Greenland rattled investors—even though he later softened his stance. “Even if the Greenland issue seems resolved for now, investors are holding back because they’re worried that it could come up again,” said Michael Field, chief European equity strategist at Morningstar. 3
The watch division has regained attention following management shifts that overshadowed LVMH Watch Week in Milan. LVMH announced TAG Heuer CEO Antoine Pin’s departure “to start a new chapter.” The Financial Times reported the exit came amid rumours of “strategic differences” and flagged analysts’ worries about the unit’s standing in Swiss watches. “Being luxury’s undisputed world number one, LVMH can’t be satisfied with being number four in the luxury watch industry,” Oliver Müller, founder and CEO of Swiss consultancy LuxeConsult, said. 4
China travel retail might also be a topic during the results call. State-owned CTG’s $28 billion travel retail unit is set to acquire LVMH’s duty-free outlets in Hong Kong and Macau for $395 million, while offering a minority stake to LVMH, according to a Reuters Breakingviews column. 5
Traders will zero in on pricing and volumes in fashion and leather goods, looking for hints on the group’s outlook for travel retail and beauty spending across Asia. Wines and spirits remain crucial, with investors closely tracking cognac and champagne trends.
But the setup works both ways. Any doubts about 2026 demand, new tariff news, or a sudden currency shift could quickly reignite margin concerns and drag the shares down.
Trading picks up Monday, but all eyes are on Tuesday’s results, released after the Paris close and webcast at 1800 local time. The stock’s first clear reaction should come Wednesday’s session.
