After months of cautious trading, the European luxury market is showing new signs of strength. Entering late October, luxury shares began to climb again led by LVMH, whose strong third-quarter results reignited investor confidence and lifted the broader industry. LVMH Takes the Lead Following its strong third-quarter results, LVMH continues to set the tone for the industry. Revenue exceeded expectations in October, sparking a sharp rise in confidence and pushing shares up more than 12 percent, the highest among luxury peers. That optimism has carried into November as Bernard Arnault, LVMH’s Chairman and CEO, confirmed through regulatory filings that he and his family holding companies had acquired roughly €1.4…