Editor’s Note
LVMH’s reported 13% earnings decline for 2025 highlights a challenging period for the luxury sector. The group’s statement of maintained confidence for the year ahead will be closely watched by investors and industry observers.

Financial Performance
LVMH reported earnings of 10.878 billion euros in 2025, representing a 13% decline compared to the previous year. The luxury goods conglomerate also stated that it “maintains confidence” for the current year.
Sales Decline
Group sales fell by 5% during the period.
