LVMH reported first-half 2026 revenue of €38.64 billion, down 3% on a reported basis, while organic revenue rose 2% year-on-year. Growth accelerated to 3% organically in the second quarter, or 4% excluding the impact of the Middle East conflict. Profit from recurring operations stood at €8.69 billion, down 4%, and the group share of net profit held steady at €5.69 billion. Among divisions, watches and jewellery outperformed with 9% organic growth, while fashion and leather goods returned to 1% organic growth in the second quarter after a first-quarter decline. LVMH also agreed to sell Marc Jacobs to WHP Global and remains confident in its 2026 outlook.
LVMH Moët Hennessy - Louis VuittonRevenue fell 3% reported but organic growth returned; profit down 4%; overall mixed results.
WHP Global agreed to acquire Marc Jacobs from LVMH, expanding its brand portfolio.