Louis Vuitton
Bernard Arnault, Chairman and CEO of LVMH
Extract from the press release published on July 24, 2025
Bernard Arnault, Chairman and CEO of LVMH, said: “LVMH showed solidity in the current context. We owe this to the power of our iconic brands and their boundless capacity for innovation while remaining true to their culture of incomparable artisanal craftsmanship. Beyond the prevailing uncertainties, we remain focused thanks to the long-term vision that has always guided our family group. We are driven by our steadfast pursuit of quality and desirability in everything we create, combined with the modernity of our historic brands. We head into the second half of the year with great vigilance, and I am confident in LVMH’s tremendous long-term potential and the commitment of our teams to further reinforce the Group’s leadership position in luxury goods. Our main shared priority is about offering our customers the most exceptional products.”
Highlights of the first half of 2025 include:
LVMH Moët Hennessy Louis Vuitton, the world’s leading high-quality products group, recorded revenue of €39.8 billion in the first half of 2025. LVMH showed good resilience and maintained its powerful innovative momentum despite a disrupted geopolitical and economic environment. Local demand was solid in Europe, which achieved growth on a constant consolidation scope and currency basis over the half-year period, and in the United States, which remained stable. Japan was down with respect to the first half of 2024, which had been boosted by abnormal growth in tourist spending due to the much weaker yen. The rest of Asia saw trends comparable to 2024, although there was an improvement in sales to local customers in the second quarter.
Profit from recurring operations for the first half of 2025 came to €9 billion, equating to an operating margin of 22.6%. The Group share of net profit amounted to €5.7 billion.
In an uncertain geopolitical and economic environment, the Group remains confident and will maintain a strategy focused on continuously enhancing the desirability of its brands, drawing on the exceptional quality of its products and excellence in retail.
Our strategy of focusing on the highest quality across all of our activities, combined with the energy and unparalleled creativity of our teams, will enable us to reinforce the LVMH Group’s global leadership position in luxury goods once again in 2025.
An interim dividend of €5.50 per share will be paid on Thursday, December 4, 2025.
28
million visitors
expected at
Osaka-Kansai World Expo
5 LVMH Maisons present
20,000
visitors expected daily
at the France Pavilion
For six months, over 160 countries and international organizations come together. At the heart of the France Pavilion, LVMH is showcasing five of its iconic Maisons in a country that holds special importance for the Group.
28 million visitors are expected to attend the event before the closing next October 13, 2025.
The LVMH Group affirmed its commitment to championing France's inimitable savoir-faire and art de vivre in Japan and more broadly.
LVMH has been present in Japan for decades and plays a major role in the economy of the country, which accounts for 9% of the Group's revenues. With nearly 14,000 employees and a network of over 1,000 stores, LVMH is the leading French employer in Japan, reflecting to its strong and enduring relationship with the country, and the powerful appeal of French excellence among the Japanese.
The France Pavilion is designed to showcase the very best of France during World Expo 2025. This ambition resonates perfectly with LVMH’s core mission Savoir Faire Rêver – The Art of Crafting Dreams – making the Group a natural partner.
Ideally situated at the entrance to the Expo, the France Pavilion stands out from other buildings thanks to a bold choice: the theme of a timeless ‘Hymn to Love’. This resonates as both a promise for the future and an invitation to reinvent the world around the values of life, of which love remains the purest symbol. Guided by this ambitious and demanding red thread, or Akai Ito*, the France Pavilion celebrates crafts, art and creativity, along with bold vision and innovation, the French terroir and deep commitments.
During a visit punctuated by compelling visual and audio presentations, visitors will discover elegant contemporary architecture as the backdrop for a memorable immersive exhibit featuring boldly original staging and a program rich in variety and active engagement.
* Akai Ito: the Japanese legend of the Red Thread of Fate and the love that connects two individuals who are destined to be together.
Louis Vuitton revisits its history in a hymn to love for Japan and timeless craft gestures, in a scenography created with Japanese architect Shohei Shigematsu-OMA. A “library” of 85 trunks celebrates this exceptional craftsmanship, enhanced by original music created by IRCAM, France's renowned Institute for Research and Coordination in Acoustics/Music, founded by Pierre Boulez. The soundtrack recreates the sounds of Louis Vuitton's famed Asnières workshop. An immersive installation in a second room transports visitors into a dreamlike world as a “sphere of trunks” by Shohei Shigematsu-OMA, comes to life at the heart of a video installation by Japanese artist Daito Manabe.
Dior offers a poetic odyssey dedicated to the love of savoir-faire. The iconic Bar suit is presented in three variations – blue, white and red – reflecting the legendary Amphores Tricolores created by Christian Dior. More than 400 emblematic white toiles are revealed at the heart of a monumental installation, alongside Dior perfume bottles reinterpreted in 3D printing. A scenography by Nathalie Crinière punctuated by Yuriko Takagi's photographs, medallion chairs designed by Tokujin Yoshioka and the Lady Dior by Kazuyo Sejima for Lady Dior As Seen By in 2024, celebrating the unique ties woven between the House and Japan.
The Celine Maki-e temporary exhibition is a symbolic journey, imagined as a visual and conceptual passage. It features reinterpretations of the iconic Triomphe logo, in a cultural exchange between Japanese artists Hikoju Makie & Soshi Nakamura and the house’s emblem. By linking rich traditions to contemporary art forms, the exhibition underlines the unequalled savoir-faire that lives in every creation, and celebrates the fifty-five years of Celine’s presence in Japan.
Chaumet has cultivated a passion for nature for nearly 250 years, a passion it shares with Japan. The storied jeweler is presenting an immersive, luminous experience, unveiling its naturalist universe through contemporary and historic jewelry creations and iconic motifs. They include wheat, plus bees and honeycombs, whose graphic interpretations have become emblems of the Bee de Chaumet jewelry collection.
Moët Hennessy is the Hospitality Partner of the France Pavilion throughout the six months of World Expo 2025, proposing a selection of wines and champagnes on a bistro menu and during special Pavilion events.
-30.0% +3.9%
€444.60
€222bn
Listed on Eurolist by Euronext Paris
CAC 40, Dow Jones Euro Stoxx 50, MSCI Europe, FTSE Eurotop 100, Global Dow and FTSE4Good.
Louis Vuitton Family house and Asnières workshops, France
The LVMH Shareholders’ Club was set up in 1994 to give individual shareholders who are particularly interested in the life of the Group a better understanding of LVMH, its businesses and its brands.
The LVMH Shareholders’ Club can be joined free of charge by any shareholder who owns at least one LVMH share listed on the Paris stock exchange.
We send Club members several publications to keep them informed of the latest news about our Maisons, such as the Annual Report, the twice-annual Letter to Shareholders and the annual issue of Apartés, our Club magazine.
Ruinart, Nicolas Ruinart Pavilion, 4 Rue des Crayères, Reims, France
Throughout the year, the LVMH Shareholders’ Club holds exceptional in-person and virtual private tours of a number of its Maisons, such as Louis Vuitton’s workshops in Asnières, the Dior 30 Montaigne boutique and la Galerie Dior, the historic La Samaritaine department store by the Pont Neuf, the Maison Chaumet or the Guerlain 68 Champs-Élysées flagship in Paris. Club members can also reserve guided tours of unique sites such as Hennessy’s centuries-old cellars in Cognac, Veuve Clicquot and Ruinart’s magnificent crayères in Reims, as well as Moët & Chandon and Mercier’s champagne cellars in Epernay.
In addition to special offers on a selection of the Group’s wines and spirits, for delivery in France only, Club members can purchase discounted subscriptions to Group media publications – Les Echos, Investir, Le Parisien and Connaissance des Arts – and order priority-access tickets for the Fondation Louis Vuitton.
The detailed program of the Club’s visits as well as the exclusive offer of wines and spirits, subscriptions to the Group’s newspapers and magazines and tickets to the Fondation Louis Vuitton are available via the Club’s website at www.clublvmh-actionnaires.fr/en.
Thursday, July 24, 2025 |
2025 half-year results |
|---|---|
October 2025 |
2025 third-quarter revenue |
Monday, December 1, 2025 |
Last trading day with dividend rights |
Thursday, December 4, 2025 |
Payment of an interim dividend |
January 2026 |
2025 annual results |
April 2026 |
2026 first-quarter revenue |
Thursday, April 23, 2026 |
Annual Shareholders’ Meeting |
The LVMH website (www.lvmh.com) gives access to a wide range of regularly updated information on the Group and its Maisons. A section specially aimed at the financial community and LVMH shareholders features the share price in real time, its chart relative to the CAC 40, the events schedule, press releases and presentations, in particular the Shareholders’ Meeting, which can be watched live or on replay.
Communications media can be viewed in the Publications section along with the Annual Report, the Social and Environmental Responsibility Report. LVMH also sends out Group news by email to web users who sign up for Press Release and Letter to Shareholders alerts. Lastly, a Calendar alert is available for those wishing to be advised of updates to this section and receive an email reminder the day before an event.
Investor and Shareholder Relations
Phone: +33 (0)1 44 13 27 27
Shareholders’ Club
Phone: +33 (0)1 44 13 21 50
E-mail: clubactionnaires@lvmh.com