Overview

• LVMH reported a 22 percent fall in net profit to €5.7 billion and a 4 percent drop in sales to €39.8 billion in the first half of 2025.
• Operating profit declined by 15 percent, slipping to €9 billion.
• The fashion and leather goods division saw a 7 percent sales decline while perfumes and cosmetics and watches and jewellery held steady and selective retailing rose 2 percent thanks to Sephora.
• Bernard Arnault urged the European Union to secure an amicable trade agreement with the United States to head off escalating tariff pressures.
• Arnault expressed confidence that the current downturn will not exceed two years and highlighted long-term growth prospects for LVMH.