# LVMH's organic sales grew 1% in the first quarter.

*business · news · 2026-04-13 · CNBC*

## Key points

- LVMH's organic sales grew only 1% in Q1, missing analyst expectations of 1.5%.
- The Middle East conflict directly reduced LVMH's organic growth by 1% in the quarter.
- LVMH's fashion and leather goods division declined 2% to 9.2 billion euros in constant currencies.
- Brunello Cucinelli reported a 14% revenue jump in Q1, outperforming expectations and peers.

**Companies:** LVMH, Brunello Cucinelli, Kering
**Countries:** France, Italy, China, United States, Israel, Iran

[Read the full story on CNBC](https://www.cnbc.com/2026/04/13/lvmh-earnings-q1-2026-sales-luxury-iran-war-middle-east.html)

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