• LVMH Sales Fall Again as Demand for Louis Vuitton and Dior Weakens Amid China Market Crisis

  Sales at the fashion and leather goods division of French luxury group LVMH fell 5% in the third quarter of 2026 as demand in China slowed. Early hopes of a recovery in the world’s largest luxury market have failed to materialize, casting fresh doubt on the industry’s prospects for emerging from its prolonged downturn, the Financial Times reports...

• Private Maldives Island Listed for $72 Million — and Buyers Can Pay in Cryptocurrency

  An extraordinary piece of luxury real estate has hit the market in the Maldives: a private island featuring four fully furnished villas, its own beach and a coral reef. Part of the new Baccarat Maldives resort development, the island is listed for $72 million. What makes the deal particularly unusual is that buyers can pay not only with traditional currency but also with stablecoins — digital assets pegged to the value of the US dollar, Robb Report reports...

• Luxury Is Getting Cheaper on the Stock Market: Why LVMH and Prada Now Trade at Nearly Mass-Market Valuations

  Shares of LVMH, the owner of Louis Vuitton, and Prada are trading at unusually steep discounts to mass-market companies such as Zara and H&M. And investors are in no rush to take advantage of the lower prices, worried that the best days for the luxury industry may be behind it, The Wall Street Journal reports...

• From Patek Philippe to F.P. Journe: Goldman Sachs Teaches the Wealthy How to Buy Watches as Works of Art

  Luxury watches are increasingly evolving from status symbols into fully fledged investment assets, almost on a par with works of art and other collectibles. Goldman Sachs has published its first dedicated guide to buying and collecting high-end watches and jewelry, effectively acknowledging the growing interest in these categories among wealthy clients, according to Robb Report...

• Luxury With a Criminal Past: Cartier Rings, Hermès Bags and Louis Vuitton Items Go Under the Hammer After a $2.4 Billion Scandal

  One of the largest money-laundering investigations in history has left Singaporean authorities facing a multibillion-dollar question: what should be done with the cars, real estate and thousands of luxury items seized from a criminal network...

• The French Way to Live Like a Dog: Goyard Unveils a $49,000 Luxury Dog House

  Goyard has completely redefined the expression “a dog’s life.” Once associated with hardship, deprivation and endless toil, it can now mean something entirely different: living in a personal 21-kilogram mansion decked out in Goyard’s signature aesthetic...

• The World’s Most Expensive Neighborhood: $550 Million Apartments, Formula 1 Stars and Billionaires

  A new symbol of ultra-luxury has emerged on the French Riviera: Mareterra, a man-made district built directly on the Mediterranean Sea. Villas and apartments here are selling for more than $200 million, with prices reaching as much as $12,900 per square foot. Among the residents and property owners are billionaires, Formula 1 stars and other members of the global elite, drawn not only by luxury and prestige but also by Monaco’s lack of personal income tax, Forbes reports...

• £80,000 a Night on Wheels: What the Most Secret and Luxurious Train Carriage in the World Looks Like

  Somewhere between Paris and Venice, a train now runs with a secret tearoom. Not just a nook you might stumble upon by accident, but a carefully concealed space where finding it becomes part of the entertainment. This is L’Observatoire, a new exclusive suite introduced by the Venice Simplon-Orient-Express in collaboration with artist JR. An entire train carriage booked for just one couple for a single night costs around £80,000...

The global luxury market is going through a challenging period: fashion house sales are slowing, Chinese consumers are spending less, and shares in major luxury companies are losing value. However, Antoine Arnault, the son of billionaire Bernard Arnault and a key member of the family that controls the LVMH empire, is urging the industry not to panic. He says the group is focused not on the results of the next quarter, but on the next generation of consumers, and remains committed to a long-term strategy.

In an interview excerpt published by FashionNetwork, Arnault emphasized that the group’s strategy is built on patience, a forward-looking mindset, and working with the best talent. “Our strategy is to look ahead, remain patient, and work with the best talent,” he said.

His comments come amid a challenging financial performance for LVMH. According to Reuters, the group’s organic sales rose by just 1% in the third quarter of 2026, reaching €18.5 billion. Meanwhile, its fashion and leather goods division, which includes Louis Vuitton and Dior, recorded a 5% decline. Sales in Asia, where China plays a key role, fell by 5%, while sales in the United States increased by 5%.

With demand weakening and luxury stocks falling, investors are looking for signs of a market recovery. Arnault, however, does not view the current situation as a catastrophe for the industry. His approach suggests that brands’ success cannot be measured solely by quarterly earnings: long-term development, maintaining brand appeal, and connecting with new generations of consumers are equally important.

This is particularly relevant for LVMH, whose portfolio spans dozens of brands across fashion, leather goods, jewelry, cosmetics, wine, and spirits. Their resilience depends not only on the current spending habits of wealthy customers, but also on their ability to preserve their value and appeal as market conditions change.

Follow NEWS.am STYLE on Facebook, Twitter and Instagram