LVMH fashion sales decline 2% in Q1, impacted by Middle East conflict

vogue.com

LVMH's fashion and leather goods sales declined 2% in the first quarter of 2026, falling short of expectations. The luxury giant's overall sales grew 1% organically to €19.12 billion, with Louis Vuitton showing resilience and Dior improving, while Loro Piana and Rimowa outperformed. The conflict in the Middle East impacted global fashion sales, reducing organic growth by approximately 1% for the conglomerate.


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