LVMH Braces for a Bumpy Year

Bernard Arnault forecast another challenging year, but is investing in the future.

Joelle Diderich
01.27.26

LVMH Braces for a Bumpy Year

A view of a scaled-up mock of a Louis Vuitton bag during a promotional event by the French luxury brand in Shanghai.

PARIS — LVMH Moët Hennessy Louis Vuitton is buckling up for another bumpy year.

The French luxury goods giant, which owns brands including Louis Vuitton, Dior, Sephora and Tiffany & Co., said sales fell 5 percent in the fourth quarter, impacted by weak demand and negative currency trends.

Revenues totaled 22.7 billion euros in the three months to Dec. 31, representing a rise of 1 percent at constant exchange.

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