Bernard Arnault Cautious as LVMH Revenue Hits €80.8B After China Recovery

LVMH reported fourth-quarter revenue of €22.7 billion as Asian markets excluding Japan returned to growth, surpassing expectations despite a 9% drop in annual operating profits.Bernard Arnault cautioned that 2026 remains unpredictable due to geopolitical shifts while increasing the family stake in the conglomerate toward 50% following a $1.4 billion investment.The group also spent €1 billion to raise its share in Loro Piana to 94%, valuing the Italian brand at €11 billion as Frédéric Arnault continues his leadership role.