LVMH revenue slips in 2025 as currency swings and uneven demand weigh

LVMH has reported a driblet successful yearly gross successful 2025, citing currency movements and softer request successful respective markets amid what it described arsenic a disrupted geopolitical and economical backdrop.

The French luxury retailer posted gross of €80.80bn for the year, down 5%, portion nett from recurring operations dropped 9% to €17.75bn.

Organic gross declined 1% crossed the afloat year, with fourth-quarter integrated maturation of 1%, matching the gait recorded successful the erstwhile quarter.

Net nett attributable to the radical slid 13% to €10.87bn.

Operating escaped currency flow, however, accrued 8% to €11.33bn, and nett fiscal indebtedness fell 26% to €6.85bn by year-end.

LVMH president and CEO Bernard Arnault said: “Once again successful 2025, LVMH demonstrated its solidity and effectual strategy upheld by its highly engaged teams. The radical was buoyed by the loyalty and increasing request shown by our section customers.”

Regional show was mixed. Europe saw a downturn successful the 2nd fractional portion the US expanded connected the backmost of home demand.

Japan retreated from the erstwhile year, erstwhile spending had been supported by a weaker yen, and the remainder of Asia moved backmost into maturation during the second portion of the year.

Results besides varied by division. Wines and spirits recorded a 5% integrated gross fall, with nett from recurring operations down 25%, reflecting weaker cognac request and the effect of commercialized tensions betwixt China and the US.

Fashion and leather goods reported a 5% integrated diminution successful gross and a 13% driblet successful operating profit, portion keeping an operating borderline of 35%.

Perfumes and cosmetics delivered level integrated income and an 8% emergence successful operating profit.

Watches and jewellery achieved 3% integrated growth, and selective retailing posted a 4% integrated summation successful gross alongside a 28% leap successful operating profit, led by Sephora.

At the extremity of 2025, LVMH employed much than 211,000 radical worldwide, including implicit 40,000 successful France.

Corporate taxation payments totalled €5.5bn for the year, with astir fractional paid successful France.

Within selective retailing, DFS signed an statement this period with China Tourism Group Duty Free to get its operations successful Greater China, including Gallerias successful Hong Kong and Macao.

Despite ongoing geopolitical and macroeconomic uncertainty, the radical said it remained assured for 2026 and reiterated its absorption connected marque development, innovation and investment.

"LVMH gross slips successful 2025 arsenic currency swings and uneven request weigh" was primitively created and published by Retail Insight Network, a GlobalData owned brand.

The accusation connected this tract has been included successful bully religion for wide informational purposes only. It is not intended to magnitude to proposal connected which you should rely, and we springiness nary representation, warranty oregon guarantee, whether explicit oregon implied arsenic to its accuracy oregon completeness. You indispensable get nonrecreational oregon specializer proposal earlier taking, oregon refraining from, immoderate enactment connected the ground of the contented connected our site.