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LVMH Sees Tough Year Ahead as Fashion Sales Struggle

Fourth-quarter sales in the world’s biggest luxury group rose 1 percent, slightly ahead of expectations. Sales fell 3 percent in the key fashion and leather goods division as the sector continues to face sluggish demand. ‘2026 will not be easy,’ chairman Bernard Arnault said.
CEO of LVMH Bernard Arnault
LVMH chairman Bernard Arnault called the group’s 2025 performance “solid” in light of a “a fast-changing, agitated and at times unpredictable economic context.” (Getty Images)
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