Profit from recurring operations declined 15 percent year-on-year (YOY), representing an operating margin of € 9 billion, 22.6 percent. The net profit responsible for the group was € 5.7 billion (~ $ 6.67 billion), below 22 percent. Operation -free cash flow increased by 29 percent to € 4 billion, while net financial loans decreased by 16 percent.
LVMH has reported revenue of € 39.8 billion (~ $ 46.96 billion) in H1 2025, below 4 percent YOY, with net profit has fallen by 22 percent to € 5.7 billion (~ $ 6.67 billion). Fashion and leather items led with revenue of € 19.1 billion (~ $ 22.538 billion) despite reducing tourists’ expenses. Q2 saw a sequential dip in this segment. Strong local demand in Europe and America supported flexibility.
Segment-wise, Fashion and Leather Goods, LVMH’s largest division recorded 8 percent decline in revenue, € 19.1 billion (~ $ 22.54 billion), the operating profit fell 18 percent to € 6.6 billion. Despite reducing tourists’ expenses, the local demand remained flexible, with strong performance by Louis Wuiton, Dyer, Fundi and Lowe.
Area-wise, Europe and the United States saw concrete local demand. Japan reported a decline in H1 2024 due to promoting extraordinary tourists. Asia (East-Japan) remained stable, with the local sales improved in Q2 2025.
Selective retail sales achieved 2 percent of organic development, maintained revenue at € 8.6 billion and improved the operational profit at € 876 million up to 12 percent.
In the second quarter of 2025 (Q2), LVMH recorded a revenue of € 9,006 million in the fashion and leather Goods Division. It marks a sequential decline from € 10,108 million recorded in Q1 2025, which reflects the ongoing impact of generalization in an obstructed geo -political environment and tourist expenses, especially in Japan.
“LVMH showed firmness in the current context. We credits the power of our prestigious brands and their immense potential for innovation, while incomparable artisans remain perfect for their culture of craftsmanship. Chairman and Chief Executive Officer (CEO) at Bernard Arnault, LVMH.
“We are inspired by our stable discovery of quality and desireity in everything made jointly with the modernity of our historical brands. We go to the second half of the year with great vigilance, and I believe that to carry forward our main products about LVMH’s tremendous long -term ability and our teams’ commitment.”
LVMH is cautious in the second half (H2) of 2025, but confirmed its long -term strategy focused on brand desireity, craftsmanship and retail excellence.
Fibre2fashion news desk (sg)
