LVMH Revenue Up 3% in Q2 2026, Led by Jewelry and US Shoppers
LVMH announced that its revenue for the first half of 2026 approached $44 billion (€38.6 billion), with a 3% increase in sales during Q2. Growth was primarily fueled by luxury consumers in the US, especially in the fashion and leather goods sectors, which experienced a 1% rise—the first uptick in two years. Watches and jewelry excelled, achieving an 11% sales increase, driven by brands like TAG Heuer, Tiffany & Co., and Hublot. The wines and spirits division also grew by 5% in Q2, supported by Ardbeg and Chandon. CEO Bernard Arnault attributed this success to the company’s strategic approach and creative revitalization. Notably, Richemont reported a 24% increase in jewelry sales in Q1, marking its seventh consecutive quarterly growth.
Key facts
- LVMH first-half 2026 revenue: nearly $44 billion (€38.6 billion).
- Q2 2026 sales rose 3% year-over-year.
- Fashion and leather goods sales increased 1% in Q2, first rise in two years.
- Watches and jewelry sales surged 11% in Q2.
- Wines and spirits sales grew 5% in Q2.
- CEO Bernard Arnault praised the company's strategy and product quality.
- Richemont jewelry sales rose 24% in Q1, seventh consecutive quarterly increase.
- Richemont earned $26 billion over 12 months ending May 2026; jewelry sales $19.2 billion (up 14%).
Entities
Artists
- Jonathan Anderson
Institutions
- LVMH
- Christian Dior
- Louis Vuitton
- TAG Heuer
- Tiffany & Co.
- Hublot
- Ardbeg
- Chandon
- Richemont
- Cartier
- Van Cleef & Arpels
- WWD
- Robb Report
Locations
- United States
- Beijing
- China
- Seoul
- South Korea