US, China Cognac demand weighs on LVMH’s wine-and-spirits division

In its first quarter, LVMH saw wine-and-spirits revenue decline 8% and 9% on a reported and organic basis, to €1.3bn ($1.5bn).

Apr 15, 2025 - 13:04
 0
US, China Cognac demand weighs on LVMH’s wine-and-spirits division
In its first quarter, LVMH saw wine-and-spirits revenue decline 8% and 9% on a reported and organic basis, to €1.3bn ($1.5bn).