# French luxury conglomerate LVMH has announced that geopolitical turmoil in the Middle East has significantly affected its sales.

*business · news · 2026-04-13 · Devdiscourse*

## Key points

- LVMH's global sales rose only 1% last quarter, missing the 1.5% forecast.
- Military conflict in the Middle East reduced LVMH's total group sales by about 1%.
- Mall sales in Dubai dropped by up to 50% during the conflict, sharply reducing consumer traffic.
- Middle Eastern markets, though 6% of turnover, have a disproportionately high impact on LVMH's profit margins.
- LVMH reported a 3% decline in European sales, citing the strong euro and regional warfare.

**Companies:** LVMH
**Countries:** France, Iran, Israel, United States

[Read the full story on Devdiscourse](https://www.devdiscourse.com/article/science-environment/3872766-middle-eastern-turmoil-impacts-lvmh-sales)

---

Canonical: https://newsio.io/n/b8f3142f-2b1e-4f1b-bb58-17a189cd1ca9/french-luxury-conglomerate-lvmh-has-announced-that-geopolitical-turmoil-in-the-m
Summarized by Newsio from Devdiscourse. https://newsio.io/how-it-works