The luxury goods group LVMH $MC (+1.55%) continues to show strength in the third quarter of 2025 - despite a difficult economic and geopolitical environment. Sales amounted to € 58.1 billion in the first nine months, which corresponds to a slight decline of 4% compared to 2024. In organic terms, however, the company was able to grow again slightly by 1% in the third quarter.
Regional trends:
While Europe suffered from weaker tourism, the USA was stable and Asia - especially China - showed a clear recovery trend. Japan lagged behind the previous year due to the weak yen.
Divisional development:
Wines & Spirits: -7% sales, but slight recovery in the quarter thanks to stronger champagne and rosé business.
Fashion & Leather Goods: -8%, but remains the largest segment. Louis Vuitton and Dior impress with creative collections and new stores worldwide.
Perfumes & Cosmetics: -2%, driven by successes at Miss Dior, Sauvage and new make-up lines.
Watches & Jewelry: stable, +1% organic - strong demand at Tiffany and Bulgari.
Selective Retailing: +7% in the quarter, mainly due to Le Bon Marché and Sephora.
Outlook:
LVMH looks to the future with confidence. With strong brands, a high level of innovation and a global presence, the Group aims to further expand its leading position in the luxury segment in 2025.
Despite a slight decline in sales, LVMH remains a symbol of stability, creativity and luxury - even in uncertain times.
