{"id":74100,"date":"2026-09-04T01:27:13","date_gmt":"2026-09-04T01:27:13","guid":{"rendered":"https:\/\/www.europesays.com\/france\/74100\/"},"modified":"2026-09-04T01:27:13","modified_gmt":"2026-09-04T01:27:13","slug":"european-luxury-stocks-slide-as-investors-remain-cautious-about-recovery","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/france\/74100\/","title":{"rendered":"European luxury stocks slide as investors remain cautious about recovery"},"content":{"rendered":"

\n By
\n
Reuters\n <\/p>\n

\n Published
\n <\/p>\n

September 3, 2026<\/p>\n

\n European luxury stocks fell on Thursday, extending recent losses as investors grew increasingly cautious about \u2060the sector’s recovery prospects. Shares in sector bellwether LVMH<\/a> fell 2.3%, extending a recent slide to their lowest price since 2020, while French peers \u2060Hermes and \u200cGucci-owner Kering<\/a> dropped around \u20603% each.<\/p>\n

\"LVMH\"LVMH – REUTERS\/Benoit Tessier<\/p>\n

Elsewhere in Europe, Brunello Cucinelli<\/a>, Richemont<\/a>, and Burberry<\/a> lost between 1% and 2%. Luxury companies \u200bremain \u200bunder pressure after years of slowing sales and lacklustre earnings. Cautious forecasts and weak signs of a rebound in spending by \u200cwealthy \u200bshoppers have so far held back hopes of a comeback.<\/p>\n

The \u200cSTOXX Europe Luxury \u206010 index, which tracks top luxury goods makers, \u200chit its lowest level in nearly three months, taking its year-to-date decline to 19% and bucking a broadly steady market. Analysts at Bank of America said in a note \u200bthat industry data for the third quarter pointed to a slowdown in demand of about 3 percentage points compared \u200bwith \u200cthe \u200bsecond quarter, with weakness most evident in the \u200cUS, \u200cJapan, South Korea, and Asia.<\/p>\n

Equita analyst Paola Carboni said valuations in the luxury sector appeared less demanding, though \u2060the backdrop remains fragile. “Visibility on the confirmation of similar growth trends in the second half (of the \u200cyear) is still limited \u200bconsidering the more difficult comparison base and the macro and geopolitical context,” Carboni said.
\u00a0\n <\/p>\n

\n \u00a9 Thomson Reuters 2026 All rights reserved.\n <\/p>\n","protected":false},"excerpt":{"rendered":"By Reuters Published September 3, 2026 European luxury stocks fell on Thursday, extending recent losses as investors grew…\n","protected":false},"author":2,"featured_media":74101,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12700],"tags":[1576,21578,18621,997,2514,2009,4955,12701,19247,27583,36425],"class_list":["post-74100","post","type-post","status-publish","format-standard","has-post-thumbnail","category-lvmh","tag-beauty","tag-brunello-cucinelli","tag-burberry","tag-fashion","tag-kering","tag-luxury","tag-lvmh","tag-moet-hennessy-louis-vuitton","tag-network","tag-professionals","tag-richemont"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/74100","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/comments?post=74100"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/74100\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media\/74101"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media?parent=74100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/categories?post=74100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/tags?post=74100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}