LVMH faces severe fatigue

Published: 2026-05-11 08:59:25 ET MC.PA

Will May be the first positive month of 2026 for LVMH? The luxury powerhouse lost ground in January, February, March, and April, resulting in a 30% wipeout of its market capitalization so far this year. However, the decoupling between the market and the luxury sector dates back much further. Furthermore, can luxury still be viewed as a homogenous entity? Bernstein is not so sure.

Thomas Barnet

Published on 05/11/2026 at 08:59 am EDT

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