Luxury group LVMH Moët Hennessy Louis Vuitton recorded revenue of €19.1 billion in the first quarter of 2026, in an environment that “remained disrupted, amplified by the conflict in the Middle East”. 

The US experienced a good start to the year. In Europe and Japan, resilient local demand helped to partly offset lower tourist spending. Asia saw strong growth, confirming the improvement in trends observed starting in the second half of 2025. 

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