{
  "id": 9703354,
  "title": "Why Luxury Shares Are (Mostly) Suffering",
  "url": "https://urgent.news/2026/09/25/why-luxury-shares-are-mostly-suffering",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-25T04:30:00.000Z",
  "source": {
    "name": "Business of Fashion",
    "slug": "business-of-fashion",
    "url": "https://www.businessoffashion.com/articles/luxury/why-luxury-shares-are-mostly-suffering/"
  },
  "original_language": "en",
  "account": "Luxury shares have been struggling, with major fashion houses facing challenges in the current market. HSBC analysts recently downgraded LVMH and Burberry to \"hold,\" citing concerns about the second half of the year. Kering reported organic growth for the first time in three years, while Gucci's sales remained in negative territory, though they declined less than anticipated. The cosmetics group recently became France's most valuable listed company, a first since 2017 when a non-luxury company last topped the list. Gucci's fashion and leather goods unit had returned to organic growth after a two-year decline, with Dior achieving positive sales for the first time since Jonathan Anderson's creative reset began. Despite these positive signs, overall group sales only increased by 3 percent.",
  "summary": "LVMH and Kering have seen their post-pandemic gains vanish and Hermès has taken a knock as investors question prospects for a sector rebound. Richemont’s climb, meanwhile, shows no sign of letting up.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}