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flag LVMH's revenue rose 1% YoY in Q3, driven by retail and new products, reversing earlier declines.

flag LVMH reported a 1% year-on-year increase in third-quarter organic revenue to €18.28 billion ($21.15 billion), its first growth since the start of the year, beating forecasts and reversing a prior 4% decline. flag The fashion and leather goods segment saw a 2% drop, improving from a 9% fall in the second quarter, while mainland China showed signs of stabilization with revenue down in the low single digits. flag Strong performance in retail, driven by Sephora, and new product launches helped offset weaker tourist-driven sales in Europe due to currency issues. flag The company’s leadership emphasized continued investment in creativity, including new designers at Dior, Celine, Givenchy, and Fendi, as part of a broader strategy to drive recovery amid ongoing global economic uncertainty.

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