Whole group income was €20.3bn (£17.4bn) within the first quarter of 2025, a extra modest dip of three% 12 months on 12 months.
LVMH, which owns Louis Vuitton, Dior, and Loewe, stated its trend and leather-based items division “confirmed good resilience with respect to the primary quarter of 2024”.
This, it stated, was boosted by a sturdy gross sales improve in Japan. At Louis Vuitton it cited a relaunched assortment of baggage and ready-to-wear, designed with the Japanese artist Takashi Murakami, as a key to its success.
Paris-based LVMH’s New York Inventory Trade-listed depositary receipts fell by 7.5% after the outcomes had been revealed.
In the course of the quarter, LVMH introduced that Louis Vuitton can be making its first foray into magnificence in a century by way of La Beauté Louis Vuitton.
At Dior, LVMH stated its newest designs in leather-based items, significantly the Dior Toujours and D-Journey luggage, noticed a “promising begin”.
The group noticed quite a lot of inventive director strikes, together with Proenza Schouler founders Jack McCollough and Lazaro Hernandez taking up from Jonathan Anderson at Loewe.
“In a disrupted geopolitical and financial atmosphere, LVMH stays each vigilant and assured firstly of the 12 months,” it stated. “The Group stays targeted on the event of its manufacturers, pushed by a sustained coverage of innovation and funding in addition to by a relentless quest for high quality in its merchandise, their desirability and their selective distribution.”
“LVMH will depend on the expertise and motivation of its groups, the variety of its companies and the nice geographic stability of its income to additional strengthen its world management place in luxurious items in 2025.”
