Global Finance News
14 Apr 2026, 18:32
LVMH reported resilient performance in Q1 2026, maintaining organic growth despite geopolitical headwinds.
The group generated €19.1 billion in revenue, with organic growth of 1%, as currency effects and scope changes weighed on reported figures. The conflict in the Middle East had an estimated negative impact of around 1 percentage point on growth.
Performance varied by segment. Watches & Jewelry (+7% organic) and Wines & Spirits (+5%) were key growth drivers, while Fashion & Leather Goods declined 2% organically and Perfumes & Cosmetics remained flat. Selective Retailing posted 4% organic growth, supported by strong momentum at Sephora.
Regionally, the U.S. saw a solid start to the year, while Europe and Japan were supported by local demand despite weaker tourism. Asia (excluding Japan) showed continued recovery, though the Middle East was negatively impacted by geopolitical tensions.
Overall, LVMH highlighted strong brand momentum, innovation, and geographic diversification as key strengths, maintaining confidence in its ability to navigate a volatile macro environment and sustain its global leadership in luxury.
The group generated €19.1 billion in revenue, with organic growth of 1%, as currency effects and scope changes weighed on reported figures. The conflict in the Middle East had an estimated negative impact of around 1 percentage point on growth.
Performance varied by segment. Watches & Jewelry (+7% organic) and Wines & Spirits (+5%) were key growth drivers, while Fashion & Leather Goods declined 2% organically and Perfumes & Cosmetics remained flat. Selective Retailing posted 4% organic growth, supported by strong momentum at Sephora.
Regionally, the U.S. saw a solid start to the year, while Europe and Japan were supported by local demand despite weaker tourism. Asia (excluding Japan) showed continued recovery, though the Middle East was negatively impacted by geopolitical tensions.
Overall, LVMH highlighted strong brand momentum, innovation, and geographic diversification as key strengths, maintaining confidence in its ability to navigate a volatile macro environment and sustain its global leadership in luxury.