Paris, France, Jan 27, 2026 (AFP) - LVMH 2025 net profit drops 13% to 10.9 bn euros

NAMPA / AFP
2026-01-27
The world's leading luxury group, LVMH, saw net profit slide 13 percent in 2025 to 10.9 billion euros ($13.1 billion) as an exceptional tax on large French companies weighed on its bottom line. But sales at the company, best known for Louis Vuitton handbags, Dior fashion, Moet & Chandon champagne and Tiffany jewellery, also dropped by five percent to 80.8 billion euros as tariffs and geopolitical uncertainty hit consumer sentiment. The wines and......
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