Sales in LVMH’s perfumes and cosmetics business, which contributes 10% of LVMH’s total sales, were €3.9bn in the first half of the year – flat on an organic basis and down 4% on a reported basis compared to the same period in 2025, due to currency impacts.

— Read more in LVMH growth buoyed by Dior and Sephora in second quarter of 2026 at Cosmetics Business.

[LVMH] generated first-half revenue of €38.6 billion, with organic sales growth of 2% for the period and 3% in the second quarter. Within its Perfumes & Cosmetics division, organic revenue remained stable despite a slight second-quarter decline, supported by new launches from Parfums Christian Dior, continued growth at Guerlain, Maison Francis Kurkdjian and Acqua di Parma, and strong momentum in Dior makeup. Sephora continued to deliver sustained growth...

— Read more in LVMH Reports Accelerating Second-Quarter Growth as Beauty and Retail Remain Resilient at Global Cosmetics News.

Shares in LVMH slipped 1.5% on Tuesday after the French ‌luxury giant's second-quarter results failed to reassure investors that a broader recovery in luxury demand was firmly underway, despite signs of improvement at its key fashion and leather goods division.

— Read more in LVMH fails to reassure on luxury recovery, shares fall at Reuters.