Shares of LVMH fell 7.9 percent to 542.80 euros, cutting the company’s market capitalization to 269 billion euros. You May Also Like“We made it through this period, and 2026 won’t be easy either, but [we’ll take it] one step at a time,” Arnault said. The fallout is all the more significant given that LVMH’s results were, according to Morningstar analyst Jelena Sokolova, “broadly in line” with expectations. “I am delighted that Ariane Gorin has agreed to join our board,” he said. “Ariane Gorin is an experienced and visionary leader, whose ability to tackle complex challenges is widely recognized.