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.

Interparfums, the Paris-based fragrance maker reported Q2 2025 sales of €211.4 million in its second quarter, 3.3% higher than the €209.9 million recorded in the same period last year. Timing of product launches and tariff-generated supply chain disruptions put pressure on US operations, resulting in a 20% decrease from the prior year's period.

— Read more in Interparfums US Performance Down 20% in Q2 at BeautyMatter.

LVMH has reported a decrease in revenues for the first half of 2025. The luxury French conglomerate saw revenues decline 4% to €39.8bn, with profits from recurring operations also decreasing 15% to €9.01bn. LVMH’s Perfumes and Cosmetics division reported revenues of €4.08bn, down 1% for the first six months of the year. Sephora’s performance within the Selective Retailing business group was hailed for strong revenue growth, however, particularly for new store openings globally.

— Read more in LVMH’s downturn in revenues shored up by beauty and Sephora at Cosmetics Business.

On the heels of fashion month, French conglomerate LVMH confirmed what the industry has been feeling for months: The luxury sector is slowing. But during its earnings call for the third quarter of 2024, the owner of Dior and Louis Vuitton shared a bright spot amid an overall decline: fragrance. For the first nine months of 2024, LVMH reported a 5% increase in revenue in its perfume and cosmetics division compared to the same period in 2023, reaching €6.1 billion ($6.6 billion) in revenue.

— Read more in Fragrance remains a bright spot at LVMH amid luxury decline at Glossy.