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LVMH opened 2026 with €19.1bn in organic revenue, a 1% rise that landed just below the 2% analysts were expecting as the disrupted geopolitical and economic environment, amplified by the Middle East conflict affected the group activities. The fashion and leather goods division, long the group’s engine, contracted 2%.

India is akready the seventh largest globally. Euromonitor puts sales at roughly $20bn in 2025, with annual growth exceeding 8% through 2029. When looking at prestige beauty that segment remained modest at $1bn in 2024, less than a quarter of France’s prestige beauty market. Yet Kearney projects a 14% CAGR until 2035, positioning India as…