# Global quarterly sales at the ‌owner of brands including Louis Vuitton and Dior, Bulgari jewellery and Hennessy, rose by 1% when adjusted for currency swings.

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

## Key points

- LVMH's quarterly sales rose only 1% organically, missing analyst expectations of 1.5%.
- The Middle East conflict directly reduced LVMH's total group sales by about 1%.
- Dubai mall sales dropped up to 50% since the war began, sharply reducing regional profitability.
- LVMH's fashion and leather division saw its seventh consecutive quarter of declining revenues.
- LVMH shares have fallen 26% year-to-date, ranking among Europe's worst large-cap performers.

**Companies:** LVMH, Kering, Hermes
**Countries:** France, United States, Iran

[Read the full story on Reuters](https://www.reuters.com/world/middle-east/lvmh-flags-sales-impact-iran-war-blow-hopes-luxury-revival-2026-04-13/)

---

Canonical: https://newsio.io/n/c511f07b-5dbe-4794-8e69-ece3ef7a435f/global-quarterly-sales-at-the-owner-of-brands-including-louis-vuitton-and-dior-b
Summarized by Newsio from Reuters. https://newsio.io/how-it-works