LVMH Fashion & Leather Goods Sales Fall 9% in First Half of 2025

SummaryLVMH missed analysts' expectations in the first half of 2025, with net profit falling 22% and overall revenue down 4% year-over-year, indicating a continued global luxury sector slowdown exacerbated by declining sales in China, negative publicity, and consumer confidence issues.Doubling down on what has already been a difficult year for the luxury sector, LVMH missed analysts' expectations, per the group's earnings report for the first half of 2025, ending on June 30.Despite net profit fa...