LVMH Stock Skyrockets: Chinese Luxury Boom Sparks 12% Rally
On Oct. 15 the LVMH share price surged to about €600 – roughly 12% above the prior closereuters.com. Over the prior week the stock had drifted down to around €533 before rebounding on the earnings news. For context, LVMH’s 52-week range was roughly €437–€763investing.com, so the current price is in the upper half of that range. Trading volume spiked with the gap higher, indicating strong investor interest. Many technical analysts would note that the breakout above €580/€590 levels clears key resistance, potentially opening more upside. According to the Oct. 14 trading update, LVMH’s Q3 group sales rose 1% to €18.28Breuters.com, narrowly beating analyst forecasts. The Fashion & Leather Goods segment was still down, but that was a much smaller drop than earlier in the year. Other divisions saw mixed results: Selective Retailing and Perfumes & Cosmetics benefited from new product launches and saw stabilizing demand, while Wines & Spirits and Watches & Jewelry eased. China demand was the standout: Asia-excluding-Japan saw “noticeable” improvement, and LVMH noted for the first time in 2025 that Mainland China sales were positivereuters.com. Management emphasized that supply-chain pressures, tariffs and inflation remain challenges, but that LVMH brands are evolving with more accessible offerings.