The core fashion and leather goods business—which houses Louis Vuitton and Dior—recorded revenue of €11.14 billion for the quarter, surpassing analysts’ forecasts of €10.915 billion.

Luxury bellwether LVMH beat expectations on Tuesday with a 1% rise in fourth-quarter sales as demand for designer fashion and handbags picked up over the holiday season, adding to hopes the sector has turned a corner.

LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury bellwether reported better than expected fourth-quarter sales that will add to hopes the sector has turned a corner.