In the first half of 2025, LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury goods group, reported revenue of €39.8 billion, demonstrating resilience and continued innovation amid ongoing geopolitical and economic challenges. Growth remained strong in Europe, supported by solid local demand, while the U.S. market held steady. Although Japan experienced a decline compared to the same period in 2024 - largely due to an exceptional tourism surge driven by a weaker yen - the rest of Asia showed stable performance, with improved sales to local customers in the second quarter. LVMH posted a profit from recurring operations of €9 billion, representing an operating margin of 22.6%, and a Group share of net profit totaling €5.7 billion.