France’s LVMH Holds Strong in Europe Despite H1 Sales Drop to $46.96 Billion

LVMH, the world’s largest luxury goods company based in Paris, reported a revenue of €39.8 billion (approximately $46.96 billion) for the first half of 2025, marking a 4 percent decrease compared to the same period last year. The net profit also declined significantly by 22 percent to €5.7 billion (around $6.67 billion).

Despite facing tough market conditions, LVMH maintained a strong market position in Europe, driven by steady demand for its fashion and leather goods segment. Bernard Arnault, the chairman and CEO, acknowledged challenges related to economic uncertainties and reduced consumer spending on luxury products but remains optimistic about the company’s long-term growth.

Key Highlights

• Fashion and Leather Goods: Mixed results with some brands experiencing slower sales while others benefited from new product launches and collaborations.
• Perfumes and Cosmetics: Stable performance thanks to growing interest in premium skincare and fragrances.
• Selective Retailing: Slight decline influenced by changing shopping habits and the rise of online commerce.

Geographical Performance

1. Europe: Continued steady demand from local customers and international tourists.
2. Asia-Pacific: Signs of cautious rebound in the region.
3. The Americas: Faced challenges due to inflationary pressures and currency fluctuations.

LVMH is actively investing in expanding its brand portfolio and enhancing customer experience through digital transformation and sustainability initiatives. These measures aim to ensure the company’s leadership in the luxury market for years ahead.

The company plans to release its full-year financial results later in the year, which will provide more detailed insights into performance and strategic direction.

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