Turnover parent company Fendi Casa continues to fall

LVMH, the French luxury group behind brands such as Fendi Casa, Louis Vuitton, Dior and Sephora, posted a 3 per cent drop in sales in the first quarter of 2025. Total sales came to 20.3 billion euros, down from 20.9 billion euros in the same period last year.

The decline was mainly due to disappointing results in Asia, where sales fell 11 per cent. Europe, on the other hand, showed a slight growth of 2 per cent.

© Fendi Casa

According to LVMH, the global geopolitical environment played a major role in the decline. Among other things, the company refers to uncertainty over possible new import tariffs by former US president Donald Trump. In addition, the global luxury market remains under pressure, affecting the group's performance.

In response to the changing market conditions, LVMH has adjusted the top structure at several brands. Among others, board changes took place at Fendi Casa, Louis Vuitton, Christian Dior Couture, Loro Piana and Kenzo in March and April.

More information:
Fendi Casa
www.fendicasa.com