LVMH’s fashion and leather goods business, which includes Dior, Louis Vuitton, Celine and Loewe, returns to growth for the first time in roughly two years, according to multiple outlets. In the group’s second-quarter results, the division posts organic sales growth of 1% to €8.9 billion. The improvement follows a period of weak performance, ending seven consecutive quarters of decline reported in one source. Financial Times and Retail Gazette attribute the turnaround primarily to Dior’s rebound, citing improved sales momentum at the brand. Channel NewsAsia adds that Dior’s recovery—linked to Jonathan Anderson’s leadership—and continued resilience in the US market contribute to the division’s performance. All accounts describe the division as LVMH’s largest segment and a key driver for the group’s overall trend, with Dior and Louis Vuitton supporting a return to growth. The sources do not conflict on the direction of change, the division’s scope, or the headline sales figure for the quarter.
Dior rebound helps LVMH’s fashion and leather division return to growth
LVMH’s fashion and leather goods business, which includes Dior, Louis Vuitton, Celine and Loewe, returns to growth for the first time in roughly two years, according to multiple outlets. In the group’...
- LVMH’s fashion and leather goods division returns to growth for the first time in about two years.
- The division includes brands such as Dior, Louis Vuitton, Celine and Loewe.
- Second-quarter organic sales rise 1% to €8.9 billion.
- Sources attribute the turnaround mainly to improved performance at Dior.
- One report states the improvement ends seven consecutive quarters of decline.
LVMH, the luxury group behind Dior and Louis Vuitton, returned to growth in its biggest business for the first time in two years, helped by Dior's recovery under Jonathan Anderson and resilient US demand.
2 hours agoLVMH’s fashion and leather goods division has returned to growth for the first time in two years, boosted by improving sales at Dior. The luxury conglomerate’s largest division, which includes Louis Vuitton, Dior, Celine and Loewe, posted organic sales growth of one per cent during its second quarter to €8.9bn. The improvement ended seven consecutive...
3 hours agoLuxury giant’s crucial fashion and leather goods division back in growth for first time in almost two years
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