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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%.
From LVMH’s organic sales dip in FY25 to a trade agreement between Indian and the EU, this was last week in beauty and luxury.
LVMH’s 2025 full-year revenue reached €80.8bn, a reported decline of 5% and a 1% decline at constant rate. Organic revenue growth was a modest 1% in the second half, persisting into the fourth quarter. While profit from recurring operations fell by 9% to €17.8bn, operating free cash flow showed resilience, increasing 8% to €11.3bn. Douglas,…