LVMH considers a downsizing plan

According to the Financial Times, the luxury industry leader is reportedly looking to divest itself of several unprofitable assets, particularly within its Fragrances & Cosmetics and Wines & Spirits divisions. This marks a major shift for the group, which has made more than 200 acquisitions over the past quarter-century…

Against the backdrop of a slowdown in the luxury sector, even the industry leader is tightening its belt.

According to the Financial Times, LVMH, which has 75 brands across six categories in its portfolio, is reportedly considering divesting several of its assets to refocus on its most profitable brands.

Wines & Spirits and Fragrances & Cosmetics in the crosshairs

The group led by Bernard Arnault is reportedly looking specifically to streamline two divisions that saw declines in 2025: Wines and Spirits, whose reported revenue fell 9% to €20.36 billion, and Perfumes and Cosmetics (-3% to €8.2 billion).

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Featured photo: portrait of Bernard Arnault, Chairman and CEO of the LVMH Group © DR