The Financial Times reported a decline in the capital of Europe's largest luxury brands.

The Financial Times reported a decline in the capital of Europe's largest luxury brands.

The market value of the luxury companies decreased by 251 billion euros in 2026 due to a decrease in demand in China. These are six companies whose shares are traded on the stock exchange. Among them Prada, Moncler, LVMH and Hermès. The article notes that demand from Chinese buyers has been the main growth engine of the luxury industry for more than a decade. However, the prolonged decline in the real estate market in China and the weak dynamics of the stock market are negatively affecting domestic demand.