Nikki's Dubai Edit
Richemont Climbs as LVMH, Kering and Hermès Lose Post-Pandemic Momentum
Published: 27 September 2026 · 10:17 GST
The Business of Fashion
reported on 2026-09-25 that the luxury market stock performance has diverged sharply across the sector, with Richemont continuing to climb while several other major groups have lost momentum.
According to the publication,
LVMH
and
Kering
have seen their post-pandemic gains disappear, while
Hermès
has also taken a knock as investors reassess the outlook for a sector rebound. The report said Richemont’s rise shows no sign of easing.
The contrast highlights how uneven the market has become among listed luxury groups. Rather than moving in step, the sector’s largest names are now trading with noticeably different trajectories, with Richemont presented by The Business of Fashion as the clearest outlier on the upside.
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