![\"\"](\"https:\/\/www.europesays.com\/france\/wp-content\/uploads\/2026\/09\/adfb.jpg\")
Dior<\/p>\n
From January to the end of March, the French giant, which counts Louis Vuitton<\/a>, Dior<\/a>, Mo\u00ebt Hennessy, and Tiffany among others in its portfolio, posted sales of 19.1 billion euros, below the average forecast of analysts polled by FactSet, who were expecting 19.3 billion euros.<\/p>\n At comparable exchange rates and scope of consolidation, sales rose by 1%, with the conflict costing around one percentage point of growth during the period, the company said, while noting the pronounced adverse impact of currency effects linked to the strong euro.<\/p>\n “In a geopolitical and economic context particularly disrupted by the conflict in the Middle East, LVMH remains vigilant but nonetheless confident at the start of this year,” it said in a statement. It expects shoppers who postponed purchases to return to stores.<\/p>\n The group, which- like most companies in the luxury goods sector- has suffered from the slowdown in China, points to positive trends in that country, as well as in the United States. In the Middle East, where LVMH generates around 6% of its business, the impact remains difficult to assess for 2026, depending on the duration of the conflict. In March alone, sales were down 3%.<\/p>\n The fashion and leather goods division, which includes Louis Vuitton, Dior, Celine<\/a>, and Fendi<\/a>, by far the largest in terms of revenue, is the most affected. Its sales reached 9.2 billion euros from January to the end of March, a decline of 9% (-2% excluding changes in exchange rates and scope of consolidation). This still marks a slight improvement on the final quarter of 2025.<\/p>\n The group reported the success of the first products by Jonathan Anderson, appointed Dior’s artistic director last year, as well as an “excellent performance” by the Loro Piana brand in the first quarter.<\/p>\n The wines and spirits business, which struggled last year, improved, with sales down a slight 2% (+5% organic growth) to almost 1.3 billion euros. The performance nonetheless mainly benefited from a favourable calendar effect related to Chinese New Year. Selective Retailing saw sales fall by 3% (+4% on a comparable basis) to 4 billion euros, with, according to LVMH, solid growth for the Sephora<\/a> brand in all regions, accompanied by market share gains.\n <\/p>\n \n Copyright \u00a9 2026 AFP. All rights reserved. All information displayed in this section (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the contents of this section without the prior written consent of Agence France-Presses.\n <\/p>\n","protected":false},"excerpt":{"rendered":"By AFP Published April 13, 2026 The world’s leading luxury group, LVMH, reported a 6% drop in first-quarter…\n","protected":false},"author":2,"featured_media":73178,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12700],"tags":[1576,12960,3551,997,12850,2773,2009,4955,23033,12701,19247,27583,12733,12767],"class_list":["post-73177","post","type-post","status-publish","format-standard","has-post-thumbnail","category-lvmh","tag-beauty","tag-celine","tag-dior","tag-fashion","tag-fendi","tag-louis-vuitton","tag-luxury","tag-lvmh","tag-moet-chandon","tag-moet-hennessy-louis-vuitton","tag-network","tag-professionals","tag-sephora","tag-tiffany-co"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/73177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/comments?post=73177"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/73177\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media\/73178"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media?parent=73177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/categories?post=73177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/tags?post=73177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}