The luxury titan LVMH has reignited optimism in the high-end goods sector after reporting better than expected Q3 sales, driven by improving consumer demand in mainland China. Shares of LVMH Moët Hennessy Louis Vuitton SE surged 12%, adding to its market capitalization.

According to RTÉ News, the group’s stock climbed as much as 13% in early trade, marking its best one-day gain in almost two years. European peers Hermès, Kering, Richemont, Burberry, and Moncler followed suit, with shares advancing between 5% and 7%.

Luxury Sector Rebounds on LVMH’s Stellar Results

The world’s largest luxury conglomerate reported its first quarter of growth in 2025, defying gloomy forecasts that had dogged the sector since the start of the year. Analysts at Bernstein described the performance as a good sign for continued recovery, while JPMorgan noted it sets the stage for a generally better luxury reporting season.

LVMH’s Q3 sales rose 1% year-over-year to an estimated €18.28 billion, compared to projections of flat or slightly negative results. The group’s fashion, spirits, and retail divisions all posted stronger-than-expected performance, with Louis Vuitton, Dior, and Sephora emerging as core growth drivers.