Published 26 days ago • loading... • Updated 23 days ago

LVMH sales growth raises hope for end to luxury downturn

LVMH reported a 1% rise in fourth-quarter sales, reaching 23.9 billion euros, as demand for designer fashion and handbags increased during the Christmas season.
The fashion division of LVMH, which includes Louis Vuitton and Dior, had fourth-quarter sales of 11.1 billion euros, beating a consensus forecast for a 3.3% decline.
The luxury industry faced a 2% global sales decline last year, with Bain & Company attributing this to China's sluggish economy.
Finance Chief Jean Jacques Guiony noted a "slight trend of improvement" in the United States and Europe, particularly in fashion and leather sales.

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France24

Business - LVMH sales beat expectations as CEO Bernard Arnault shifts focus to US

Luxury group LVMH says 2025 is off to a good start as it reports an increase in sales in its most recent quarter. CEO Bernard Arnault, who is shifting the company's focus to the US in order to avoid higher taxes in the EU, was the only Frenchman on the podium at the inauguration of Donald Trump. Meanwhile, the US Federal Reserve is meeting this week for the first time since Trump's new term started. Plus, producers in Colombia are feeling some r…

25 days ago·France

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Puck

LVMH’s Alaïa Lesson & Taylor Swift’s Luxury Evolution

Line Sheet, the ultimate fashion industry bible, offers daily intel from Lauren Sherman, Rachel Strugatz, and Sarah Shapiro on every aspect of the business and its biggest players. (Sign up here to get it in you inbox.) Here’s the latest you need to know: Not Too Bad, Eh? LVMH reported better-than-expected fourth quarter and full-year […] The post LVMH’s Alaïa Lesson & Taylor Swift’s Luxury Evolution appeared first on Puck.

26 days ago·United States

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Fortune

LVMH reports muted sales amid hopes that the luxury downturn may finally be over

“Today, I’m not going to report record revenue, but it was nonetheless a robust year," CEO Bernard Arnault said during the earnings call.

26 days ago·New York, United States

LVMH sales growth raises hope for end to luxury downturn

Chief financial officer says performance ‘objectively better in Europe and the US’ in fourth quarter

26 days ago·London, United Kingdom

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Le Figaro

After almost stable sales in 2024, LVMH faced the challenge of adapting to the morosity of the luxury market

The world leader remains confident in his ability to cope with the opposite winds that hold back the entire sector: the slowdown in China and the prudence to buy part of the traditional customer base.

26 days ago·Paris, France

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CNBC

World's largest luxury group LVMH posts better than feared full-year sales

The world's largest luxury company LVMH on Tuesday reported better-than-expected full-year sales, in the strongest sign yet of a potential turnaround in the high-end sector.

26 days ago·United States

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