LVMH Q1 2025 Revenue Declines Amidst Shifting Demand

LVMH, the world's largest luxury conglomerate, reported a 2% revenue decrease in the first quarter of 2025, totaling €20.3 billion. This fell slightly short of analysts' expectations. The decline was primarily seen in the fashion and leather goods sector, which experienced a 5% decrease in revenue.

While the United States saw a slight dip, Japan's results were weaker compared to the previous year, which had benefited from Chinese tourism. Europe experienced growth. The company noted resilience despite a disrupted geopolitical and economic environment.

LVMH's stock value has been impacted. The Wines & Spirits business group saw its revenue decline by 9%. The Watches & Jewelry division reported a 1% increase. These figures reflect a complex interplay of global economic factors and shifting consumer behavior in the luxury market.