LVMH Profits Tumble 22% as Luxury Headwinds Persist
19 Articles
19 Articles
Against the background of a slowdown in the luxury sector, Bernard Arnault's group, the world's number one, saw its profits and sales for the first six months fall compared to the previous year.
LVMH sees another sales slump, and the luxury sector’s ongoing struggles harm its prospects, says GlobalData
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Following today’s release of LVMH’s figures for the six months ending 30 June 2025; Pippa Stephens, senior apparel analyst at GlobalData, a leading data and analytics company, offers her view: “LVMH, alongside the wider luxury sector, continues to stumble as aspirational shoppers remain hesitant to spend on …
LVMH still struggling - RetailDetail EU
After a weak start to the year, luxury group LVMH is still struggling to find its footing: the parent company of Louis Vuitton and Dior is selling less fashion and leather goods and must hope for quick clarity on trade tariffs. Uncertainty The 4% decline in turnover in the second quarter to 19.5 billion euros at LVMH points to continued weak consumer sentiment, which other luxury brands are also experiencing. In the first quarter, there was alre…
LVMH Reports Steepest Profit Drop in Wine and Spirits Unit
LVMH’s Wines & Spirits division recorded the sharpest decline in recurring operating profit among all its business units in the first half of 2025, as cognac sales slumped in key markets despite a modest rebound in champagne and still wine. Read More The post LVMH Reports Steepest Profit Drop in Wine and Spirits Unit appeared first on Vino Joy News.
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