Editor’s Note
This analysis examines the pressures facing LVMH, including recent tariffs and a sector-wide consolidation, to assess whether its current share price presents a buying opportunity or signals further challenges for the luxury giant.
LVMH Stock News: Tariffs Weigh on Profits and Share Price – What Investors Need to Know Now!
Adrian Schmid | Last updated on February 2, 2026
Is the LVMH stock (WKN: 853292; ISIN: FR0000121014) currently on special offer? After the sector underwent a consolidation phase in 2025, many investors are asking: Are these bargain prices for one of the most coveted stocks in the luxury segment, or is the worst yet to come?
In our in-depth analysis of LVMH stock, we take a look at the latest figures for the 2025 fiscal year, which Bernard Arnault presented on January 27, 2026. We shed light on why the Moët Hennessy division is under pressure while Louis Vuitton continues to break records, and provide a well-founded LVMH stock forecast for 2026.
WKN: 853292, ISIN: FR0000121014, Ticker Symbol: MOH, Exchange: XETRA
Before diving into the current business figures, let’s look at the foundation of LVMH. Learn more about the diversity and strategic direction of the world’s leading luxury conglomerate, which draws its strength from a broad portfolio.
Business Area and Market Position: LVMH, short for “Louis Vuitton Moët Hennessy,” is a leader in the global luxury industry. The group brings together over 75 renowned brands operating in six main sectors: Fashion and Leather Goods, Perfumes and Cosmetics, Watches and Jewelry, Wines and Spirits, Selective Retailing, and Other Activities.
Innovation and Vision: LVMH is focused on sustainable growth by allocating considerable resources to foster the creativity and development of its prestige brands. The group focuses on an organic growth strategy and actively supports the creative talents of its employees, which is crucial to maintaining and expanding its position as a market leader.
LVMH Ecosystem: The LVMH ecosystem is characterized by a decentralized organization that preserves the autonomy and responsiveness of each brand while ensuring a balance between business areas and geographic regions. This approach enables quick and effective responses to market demands and fosters an entrepreneurial spirit among employees. With over 211,000 employees worldwide and a presence in more than 81 countries, LVMH has a robust infrastructure that supports the company in operating efficiently globally.
Fashion & Leather Goods
This division is the core. With brands like Louis Vuitton, Christian Dior, Fendi, and Celine, LVMH generates almost half of its revenue here.
Status 2026: Despite the global slowdown, this area remained resilient. Louis Vuitton benefits from its enormous pricing power. Price increases are largely accepted by its core clientele (High Net Worth Individuals).
The Fashion and Leather Goods business area is the highest-revenue segment within LVMH, with revenues of 42.2 billion euros in 2023, accounting for 49 percent of total sales. It retained an operating profit of 16.8 billion euros. The segment includes brands such as Louis Vuitton, Christian Dior, Givenchy, Celine, and Fendi. These brands are distinguished by their exclusive craftsmanship and long tradition, securing them a leading position in the fashion and leather goods industry.
Watches & Jewelry
Since the acquisition of Tiffany & Co., LVMH has become a powerhouse in the jewelry market. Together with Bulgari and TAG Heuer, it occupies the high-margin premium segment.
Perfumes & Cosmetics
With sales of 8.2 billion euros in 2025 and a stable share of around 10 percent of total sales, this segment continues to contribute significantly to LVMH’s success. The segment generated a profit of 727 million euros, an increase compared to 2024 despite the challenging market environment. Key brands include Christian Dior, Givenchy, as well as other well-known names like Acqua di Parma and Guerlain.
Selective Retailing
The Selective Retailing segment, which generated sales of 18.3 billion euros in 2025, representing organic growth of 4 percent, is increasingly contributing to LVMH’s success. With an operating profit of 1.8 billion euros – an impressive increase of 28 percent compared to the previous year – this segment is now the group’s growth driver.
The segment includes unique retail concepts such as SEPHORA, La Grande Épicerie, and Le Bon Marché Rive Gauche.
