LVMH Sparks $80 Billion Luxury Boom | China Demand Rebounds
Edited By WION Video Desk
Published: Oct 16, 2025, 18:53 IST | Updated: Oct 16, 2025, 18:53 IST
LVMH shares jumped 14%, marking their best day in two decades, as strong Chinese demand reignited the global luxury sector. The rally, adding nearly $80 billion in market value, lifted rivals like Hermes, Kering, and Burberry, signaling renewed investor confidence in the post-slump recovery of European luxury brands.
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