LVMH reports 3% sales rise, with US growth offsetting European decline
UKPulse News Desk
Luxury goods group LVMH recorded a 3% increase in sales to £16.7 billion in the three months to June 2026, driven by a 6% rise in US sales.
- LVMH's sales increased by 3% to £16.7 billion in the second quarter of 2026.
- Sales in the United States rose by 6% during the same period.
- Spending in Europe was reportedly affected by the Iran war.
Luxury goods conglomerate LVMH announced a 3% increase in sales, reaching £16.7 billion, for the three months ending June 2026. The group, controlled by Bernard Arnault, saw a 6% rise in sales within the United States.
This growth in the US market reportedly helped to offset a decline in spending across Europe, which was attributed to the Iran war.