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LVMH sold Patou on 31 July to Dilesh Mehta’s Nirvana Investments. Revenue tripled since 2021 to EUR 13.76 million, alongside roughly EUR 23.94 million of cumulative losses. The tolerance for loss-making houses has been withdrawn.
The world’s leading luxury group entered the second half of 2026 with renewed momentum as LVMH reported accelerating growth across several of its most influential Maisons.
The world’s leading luxury group entered the second half of 2026 with renewed momentum as LVMH reported accelerating growth across several of its most influential Maisons.
LVMH has delivered a resilient first half of 2026, with its Watches and Jewellery division once again demonstrating the enduring strength of luxury jewelry despite a more measured pace across the global luxury sector.
The world’s largest luxury group reported first-half revenue of €33.6 billion, an increase of 2 percent compared with the same period last year, while recurring operating profit remained stable at €8.7 billion. A stronger second quarter, with revenue growth accelerating to 3 percent, suggests confidence is returning to the luxury market as demand stabilizes across key regions.
After seven consecutive quarters of decline, LVMH’s fashion and leather goods division returned to growth in the second quarter. The number is small, and it is the most consequential figure the sector has produced this year.
LVMH’s Wines and Spirits division grew 5% organically in H1 2026 with operating profit up 11%, and the group cited signs of recovery in champagne and cognac for the first time in two years.
Digital platforms are engineered for reach. Luxury value is built on scarcity. A luxury digital strategy exists to manage that conflict deliberately, through access design rather than through hiding.
Most guides teach brand architecture with Apple and Procter and Gamble. Luxury is the live version: LVMH, Kering, Richemont, Prada and Hermes each answer the same structural question differently, and each pays a different price for it.
Richemont opened its 2027 financial year with sales of EUR 6.3 billion, up 20% at constant rates, and its jewellery houses delivered almost the entire increase. The same split is now visible at LVMH and Kering.
The worlds of elite motorsport and private aviation have always shared the same values. Precision, performance, innovation, and exceptional service define both industries.
A new multi year partnership between Flexjet and Formula 1 now brings these two luxury sectors together, creating exclusive experiences designed for the world’s most discerning travelers.
As the Official Private Aviation Supplier of Formula 1, Flexjet will support VIP guests, executives, teams, and partners throughout the championship while delivering a new level of access for its fractional aircraft owners.
Luxury Fashion Brands continue to evolve through leadership that blends heritage, innovation, and global strategy . .
