LVMH oversees the operations of more than 70 brands, including Tiffany & Co., Bulgari, Kering, and TAG Heuer. Revenue decreased by 1 per cent, finishing at €10.49 billion ($AUD17.83 billion) for the year.
These figures come despite a strong performance among jewellery and watch brands in the fourth quarter, with sales improving by 8 per cent. LVMH chair Bernard Arnault said that influential factors, including US tariffs, have complicated the provision of a confident outlook for the year ahead.
“I always say that in our businesses, I am optimistic in the medium-term, but short-term it is very difficult to provide a serious forecast,” Arnault said.
“So many events and the pace of decisions taken left and right in the various countries, it is extremely difficult to control all these geo-economic impacts on our companies.”
LVMH’s group revenue decreased by 5 per cent, closing the year at €80.81 billion ($AUD137.62 billion). Net profit declined by 13 per cent.
More reading
Richemont sells Baume & Mercier brand to Italian company
Market optimistic as LVMH defies luxury expectations
Storm clouds swirl above LVMH amid luxury slowdown
Modest jewellery sales decline for luxury leader LVMH
Louis Vuitton confirms customer data stolen in cyber attack
 | 2026 JEWELLERS' SUPPLIERS DIRECTORY
Find Anything & Everything Click for the Full Index to discover fresh products, trends, and suppliers.
If it’s not listed here, it’s not worth knowing about! The annual Suppliers Directory is the #1 directory for retailers looking for new products and new suppliers. If you don’t know, we do!
|