LVMH has reported a revenue of €39.8 billion (~$46.96 billion) in H1 2025, down 4 per cent YoY, with net profit falling 22 per cent to €5.7 billion (~$6.67 billion). Fashion and Leather Goods led with €19.1 billion (~$22.538 billion) revenue, despite reduced tourist spending. Q2 saw a sequential dip in this segment. Strong local demand in Europe and the US supported resilience.