Louis Vuitton Malletier SAS Revenue & Financials

The house is now the world's most valuable luxury brand and the largest single contributor to LVMH's Fashion & Leather Goods segment ($42.6 billion FY2025 revenue across multiple maisons). The newer categories — fragrance (launched 2016, growing fast), watches (Tambour line), high jewelry (pieces exceeding $1.1 million) — serve a different function. The parent doesn't disclose standalone Louis Vuitton revenue, but the Fashion & Leather Goods segment reported $42.6 billion in FY2025 with $14.9 billion in operating profit — a 35% margin. So the response has been asymmetric: push the ceiling higher — Capucines bags at $6,000 – $20,000, high jewelry exceeding $1.1 million, private-client services — while keeping the floor accessible through fragrance and small leather goods. What you get is the Fashion & Leather Goods segment — which bundles Louis Vuitton together with Dior, Fendi, Celine, Loewe, Givenchy, and a dozen other houses into one $42.6 billion revenue line. Revenue peaked at $47.7 billion in 2023, slipped to $46.4 billion in 2024, and fell again to $42.6 billion in 2025. Operating profit dropped from $19.0 billion to $14.9 billion over the same period. Analysts who cover LVMH estimate Louis Vuitton alone generates $22 – 28 billion annually, which would make it larger than Hermès ($15 billion), Chanel (~$20 billion), and Kering's entire portfolio ($18 billion). LVMH's Fashion & Leather Goods segment dropped from $47.7 billion in 2023 to $42.6 billion in 2025. That's not a crisis, but it's a $5 billion reminder that luxury pricing power has limits when your biggest customer base gets nervous. High jewelry collections with individual pieces above $1.1 million.