French luxury group LVMH LVMH said it 'showed good resilience and maintained its innovative momentum despite a disrupted geopolitical and economic environment' last year

French luxury group LVMH LVMH said it 'showed good resilience and maintained its innovative momentum despite a disrupted geopolitical and economic environment' last year

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.

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

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