GlobalNews411

Comprehensive reporting, aggregated for speed.

allentown

LVMH sales fall 6% in first quarter amid Middle East war

War in the Middle East depressed regional demand, dragging LVMH's first-quarter sales down six percent.

Published Apr 13, 2026, 12:13 PM EDT | WFMZZ

Sales at the world's leading luxury group, LVMH, fell six percent in the first quarter of the year as the war in the Middle East depressed business in the region. The conflict weighed on demand there, contributing to the decline in quarterly revenue.