US Edition
LVMH Sales Fall—But Luxury Conglomerate Outperforms Bleak Luxury Market Forecasts
MILAN, ITALY, JUL 23 – Moncler raised prices by mid-single-digit percentages to offset tariffs and economic weakness while considering delaying about a dozen new store openings planned for 2026.
- On Wednesday, Moncler posted a dip in second-quarter sales, sending its shares down 4% by 2 p.m.
- Earlier this year, Donald Trump imposed a 10 percent tariff with an August 1 deadline looming, while sales in Europe, Middle East and Africa declined 8% due to yen rebalancing and weak tourist spending.
- Following its price hikes, Moncler said it raised prices by mid-single-digit percentages while awaiting clarity on US levies before its 2026 strategy.
- Moncler is relying on very slight price increases, warning that broader economic weakness could delay new store openings, while Luciano Santel said, `So it's still early`.
- Looking ahead, Moncler will set its Winter 2026 prices by October, as economic uncertainty and shifting consumer preferences keep the sector on edge.
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38 Articles
38 Articles
The world's number one luxury LVMH (Louis Vuitton, Dior, Celine, Moët Hennessy) announced on Thursday a 22 % drop in its net profit in the first half, to 5.7 billion euros, in a "disturbed economic and geopolitical" context.
·Montreal, Canada
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ABC FOX Montana+23 Reposted by 23 other sources
First half net profit plunges 22% at French luxury group LVMH
French luxury group LVMH saw net profit plummet 22 percent in the first half of 2025, the company announced Thursday, blaming the plunge on an "unsettled economic and geopolitical" backdrop.
·Missoula, United States
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Sales of the world luxury leader fell by 3% in the first half of the year, to €39.8 billion. Its operating result fell by 15% to €9 billion.
·Paris, France
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Coverage Details
Total News Sources38
Leaning Left4Leaning Right6Center12Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
L 18%
C 55%
R 27%
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