LVMH Moët Hennessy is trading 3.52% down at €411.55 after continued selling across European luxury stocks, amid concerns that China’s luxury-spending recovery is losing momentum.
- Analysts have lowered industry growth forecasts following weaker June and July spending data.
- Firm oil prices, elevated bond yields, and weaker global equities are weighing on broader risk sentiment.
- No new company-specific announcement was identified for September 9, 2026.