Business Segments LVMH

Stocks

MC

FR0000121014

Apparel & Accessories

Market Closed - Euronext Paris 09:25:00 18/09/2026 pm IST			5-day change	1st Jan Change
402.80 ^EUR	-2.30%		-3.01%	-37.55%

18/09	LVMH : Berenberg gives a Neutral rating	ZD
17/09	LVMH : Receives a Buy rating from Bernstein	ZD

Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

Operating Income: Breakdown by Business Segment

Geographical Revenue Distribution History

Breakdown by Business Segment (EUR)

Fiscal Period: December	2021	2022	2023	2024	2025
Apparel
Fashion and Leather Goods	3.09TCr	3.86TCr	4.22TCr	4.11TCr	3.78TCr
Total Assets	3.1TCr	3.46TCr	3.85TCr	4.03TCr	3.94TCr
CAPEX	-113.1Cr	-187.2Cr	-302.5Cr	-215Cr	-202.7Cr
D&A	214.2Cr	243.1Cr	259.9Cr	292.2Cr	311.4Cr
Operating Income	1.28TCr	1.57TCr	1.68TCr	1.52TCr	1.32TCr
	-	-	-	-	5Cr
Housewares Stores
Selective Retailing	1.18TCr	1.49TCr	1.79TCr	1.83TCr	1.83TCr
Total Assets	1.23TCr	1.32TCr	1.32TCr	1.34TCr	1.17TCr
CAPEX	-37Cr	-52Cr	-57Cr	-63Cr	-52Cr
D&A	139.9Cr	142.7Cr	137.7Cr	153.1Cr	183.8Cr
Operating Income	53Cr	79Cr	139.1Cr	138.5Cr	178Cr
	-	-	-	-	7.1Cr
Jewelry, Timepieces and Gemstone Products
Watches and Jewelry	896.4Cr	1.06TCr	1.09TCr	1.06TCr	1.05TCr
Total Assets	2.87TCr	3.16TCr	3.32TCr	3.53TCr	3.3TCr
CAPEX	-46Cr	-65Cr	-87Cr	-94Cr	-87Cr
D&A	86Cr	99Cr	101.2Cr	110Cr	118.6Cr
Operating Income	167.9Cr	201.7Cr	216.2Cr	154.6Cr	151.4Cr
	-	-	-	-	14Cr
Beauty Care Products
Perfumes and Cosmetics	660.8Cr	772.2Cr	827.1Cr	841.8Cr	817.4Cr
Total Assets	483.8Cr	570.7Cr	576.3Cr	622.3Cr	584.8Cr
CAPEX	-29Cr	-41Cr	-43Cr	-48Cr	-38Cr
D&A	44Cr	48Cr	51Cr	55Cr	56Cr
Operating Income	68Cr	66Cr	71Cr	67Cr	73Cr
	-	-	-	-	110.7Cr
Wine
Wines and Spirits	597.4Cr	709.9Cr	660.2Cr	586.2Cr	535.8Cr
Total Assets	2.22TCr	2.15TCr	1.64TCr	1.81TCr	1.69TCr
CAPEX	-33Cr	-44Cr	-54Cr	-33Cr	-22Cr
D&A	23Cr	26Cr	27Cr	31Cr	33Cr
Operating Income	186.3Cr	215.5Cr	210.9Cr	135.6Cr	101.6Cr
	-	-	-	-	60L
Printed Media Publishing
Other and Holding Companies	116.9Cr	158.6Cr	182Cr	200.2Cr	210.9Cr
Total Assets	1.17TCr	1.33TCr	2.1TCr	1.68TCr	1.73TCr
CAPEX	-8.9Cr	-107.4Cr	-204.1Cr	-100.2Cr	-55Cr
D&A	29Cr	29Cr	39Cr	45Cr	39Cr
Operating Income	-44Cr	-27Cr	-40Cr	-62Cr	-48Cr
	-	-	-	-	6.8Cr
Eliminations and Not Allocated	-115Cr	-130.4Cr	-149.6Cr	-149.8Cr	-143.8Cr
Total Assets	1.45TCr	1.48TCr	1.56TCr	1.9TCr	1.8TCr
CAPEX	10L	10L	-10L	-	30L
D&A	-11Cr	-11Cr	-14Cr	-16Cr	-18Cr
Operating Income	-1.5Cr	-70L	-1.2Cr	80L	-1.4Cr

Geographical breakdown of sales (EUR)

Fiscal Period: December	2021	2022	2023	2024	2025
Asia (excl. Japan)	2.24TCr	2.38TCr	2.66TCr	2.32TCr	2.14TCr
CAPEX	-49Cr	-76Cr	-84Cr	-92Cr	-67Cr
	-	-	-	-	637.8Cr
United States	1.66TCr	2.15TCr	2.18TCr	2.16TCr	2.07TCr
CAPEX	-31Cr	-96Cr	-109.5Cr	-100Cr	-76Cr
Europe (Excluding France)	986Cr	1.27TCr	1.41TCr	1.45TCr	1.45TCr
CAPEX	-52Cr	-90Cr	-131.8Cr	-106.2Cr	-95Cr
	-	-	-	-	2.07TCr
Other Countries	690.4Cr	963.2Cr	1.05TCr	1.09TCr	1.11TCr
CAPEX	-21Cr	-32Cr	-44Cr	-42Cr	-32Cr
	-	-	-	-	2.14TCr
France	411.1Cr	607.1Cr	683Cr	700.9Cr	673.2Cr
CAPEX	-105.4Cr	-189.1Cr	-357.5Cr	-165.3Cr	-153.6Cr
	-	-	-	-	1.11TCr
Japan	438.4Cr	543.6Cr	631.4Cr	747.5Cr	637.8Cr
CAPEX	-8.2Cr	-13Cr	-20Cr	-47Cr	-33Cr
	-	-	-	-	1.45TCr
	-	-	-	-	673.2Cr