Commitment to craftsmanship to continue at LVMH in the face of 5% fall
Luxury group LVMH has reported full-year revenues for 2025 of €80.8 billion, a fall of 5% compared to the year before.
Its leathergoods and fashion business contributed €37.8 billion to the total, down by 8% year on year.
The group said there had been an upturn in the fortunes of the leathergoods and fashion segment in the second half of 2025. It also pointed out that 2024’s figures had been boosted by a surge in tourist spending in Japan, notably from visitors from China, which fell away in 2025.
Chief executive, Bernard Arnault, said the group had “demonstrated its solidity” in 2025, underpinned by “the powerful desirability” of its brands.
He added: “In 2026, in an environment that remains uncertain, our maisons’ ability to inspire dreams will once again be a decisive asset. We will remain true to our entrepreneurial tradition as a forward-looking family group focused on sustainable creativity in high-quality products, exceptional spaces and the long-term future of our outstanding craftsmanship.”
