LVMH shares are down 37% since the start of 2026 as brands enter Fashion Weeks; Diego della Valle says this year and next will likely be a holding period.

Business· Sep 22, 2026

Facts from Wikidata (CC0). Image by Alexander Migl via Wikimedia Commons (CC BY-SA 4.0).

Luca de Meo

Italian businessman

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Luca de Meo· Business · 5 sources · Sep 22, 2026Story

Luxury Brands Seek Runway Boost Amid Slowdown

LVMH shares are down 37% since the start of 2026 as brands enter Fashion Weeks; Diego della Valle says this year and next will likely be a holding period.

Business· Sep 22, 2026

Facts from Wikidata (CC0). Image by Alexander Migl via Wikimedia Commons (CC BY-SA 4.0).

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About Luca de Meo

Luca de Meo is an Italian chief executive, CEO of luxury group Kering since 2025. He was previously CEO of the group Renault (2020-2025), CEO of SEAT (2015-2020), and CEO of Fiat Automobiles (2004-2009). He revived the iconic Fiat 500, created SEAT's premium brand Cupra, and turned Renault into a global electric vehicles manufacturer.

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