# LVMH Moët Hennessy Louis Vuitton saw its organic revenue rise by 1% in the first three months of 2026, reaching a total of around €19.1 billion.

*business · news · 2026-04-14 · Euronews*

## Key points

- LVMH's organic revenue grew only 1% in Q1 2026, missing analyst expectations of 2%.
- Sales in the Middle East dropped by double digits due to the Iran war, dragging group growth by 1%.
- The fashion and leather goods division declined 2%, underperforming analyst forecasts of flat growth.
- Loro Piana achieved double-digit growth, indicating strong demand for 'quiet luxury' among ultra-wealthy clients.
- Deutsche Bank lowered its LVMH price target to €600 and cut 2026 earnings forecasts by 3%.

**Companies:** LVMH Moët Hennessy Louis Vuitton
**Countries:** Iran, France, Japan, United States

[Read the full story on Euronews](https://www.euronews.com/business/2026/04/14/luxury-giant-lvmh-faces-headwinds-as-sales-growth-slows-in-first-quarter)

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