MajorsJan 09, 2026
Kendra Scott Taps Activewear Exec as CEO Chris Blakeslee has experience at Athleta and Alo Yoga. Kendra Scott will remain on board as executive chair and chief visionary officer.
FinancialsJan 31, 2019
LVMH’s Watch, Jewelry Sales Were Up 12% Last Year
Bulgari’s Octo Finissimo watch and Fiorever jewelry collection were among the segment’s top sellers.
The Octo Finissimo watch was among the top sellers for Bulgari in 2018, LVMH said. Pictured here is the Octo Finissimo Minute Repeater, which was introduced at Baselworld in 2016.
Paris—LVMH, a titan in the world of luxury goods, reported strong full-year results with watch and jewelry sales climbing by a double-digit percentage.
Sales of LVMH-owned watch and jewelry brands totaled €4.12 billion ($4.73 billion) in 2018 compared with €3.80 billion ($4.36 billion) in 2017.
Organic (like-for-like) revenue growth was 12 percent.
Bulgari had a show-stopper of a year with relative newcomers like the Octo Finissimo watch and Fiorever jewelry collection performing especially well.
Among LVMH’s watch brands, TAG Heuer’s smartwatches took off while Hublot saw strong growth and increased visibility as the official timekeeper for the FIFA World Cup, which took place in summer 2018.
Headquartered in Paris, LVMH Moёt Hennessy Louis Vuitton is to luxury products what Procter & Gamble is to consumer staples with its household name brands spanning jewelry, watches, wines and spirits, leather goods, perfumes, and cosmetics.
Total fourth-quarter revenue for the company reached €13.70 billion ($15.70 billion) compared with €12.54 billion ($14.40 billion) a year ago, continuing the upward trend of the previous quarters.
Full-year revenue clocked in at €46.80 billion ($53.70 billion), a 10 percent year-over-year increase compared with €42.60 billion ($48.91 billion) in 2017. Operating income rose by 21 percent, passing the €10 billion mark ($11.48 billion).
LVMH averted the “China slowdown,” with sales in Asia growing 15 percent organically. U.S. sales, meanwhile, increased by 8 percent while sales in Europe were up 7 percent.
“The desirability of our brands, the creativity and quality of our products, the unique experience offered to our customers, and the talent and the commitment of our teams are the group’s strengths and have once again made the difference,” CEO Bernard Arnault said.
Revenue from LVMH’s fashion and leather goods segment totaled €18.45 billion ($21.18 billion), a 15 percent increase in organic revenue compared with €15.47 billion ($17.76 billion) a year ago, buoyed by Louis Vuitton’s iconic leather goods as well as its shoe lines.
The perfumes and cosmetics segment reported organic revenue growth of 14 percent to €6.09 billion ($6.99 billion) compared with €5.56 billion ($6.38 billion) a year ago.
LVMH’s wine and spirits segment reported organic revenue growth of 5 percent to €5.14 billion ($5.90 billion) compared with €5.08 billion ($5.83 billion) a year ago, benefiting from strong momentum in China as well as growth in the U.S. and Europe.
The selective retailing segment saw organic revenue growth of 6 percent to €13.64 billion ($15.66 billion) compared with
€13.31 billion ($15.28 billion) a year ago.
Sephora saw another year of growth as online sales increased, especially in North America and Asia. About 100 new Sephora stores opened around the world, including one in Shanghai and the first Sephora-branded stores in Russia.
DFS, LVMH’s chain of duty-free luxury stores, returned to profitability after closing its Hong Kong airport concessions at the end of 2017. New locations have opened in Cambodia and Italy.
LVMH’s retail network spans 70 brands and 4,950 stores worldwide.
The company said while the retail environment remains uncertain, it is “cautiously confident” for the year ahead.
Sephora saw another year of growth as online sales increased, especially in North America and Asia. About 100 new Sephora stores opened around the world, including one in Shanghai and the first Sephora-branded stores in Russia.
DFS, LVMH’s chain of duty-free luxury stores, returned to profitability after closing its Hong Kong airport concessions at the end of 2017. New locations have opened in Cambodia and Italy.
LVMH’s retail network spans 70 brands and 4,950 stores worldwide.
The company said while the retail environment remains uncertain, it is “cautiously confident” for the year ahead.
More on Financials
The Latest
SurveysJan 09, 2026
U.S. Holiday Retail Sales Up 4%, Visa, Mastercard SayThe credit card companies’ surveys examined where consumers shopped, what they bought, and what they valued this holiday season.
AuctionsJan 09, 2026
Christie’s Names New Global Managing Director for LuxuryKimberly Miller has been promoted to the role.
Brought to you by
Impacting Tomorrow TodayHow Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.
CollectionsJan 09, 2026
Piece of the Week: Lionheart’s ‘Serenity’ Opal CharmThe “Serenity” charm set with 13 opals is a modern amulet offering protection, guidance, and intention, the brand said.
Weekly QuizJan 08, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
CollectionsJan 08, 2026
Pandora’s New ‘Bridgerton’ Jewels Celebrate Bees, Bows, and Blooms“Bridgerton” actresses Hannah Dodd and Claudia Jessie star in the brand’s “Rules to Love By” campaign.
Events & AwardsJan 08, 2026
Ana Khouri To Receive 2026 Gem Award for High Jewelry ExcellenceFounded by jeweler and sculptor Ana Khouri, the brand is “expanding the boundaries of what high jewelry can be.”
Brought to you by
Roseco Releases New Full-Line CatalogRoseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.
TrendsJan 08, 2026
Stuller’s Color of the Year Is a Stark Contrast to Pantone’s WhiteThe jewelry manufacturer and supplier is going with a fiery shade it says symbolizes power and transformation.
CollectionsJan 08, 2026
Gracie Abrams To Front New Chanel Jewelry CampaignThe singer-songwriter will make her debut as the French luxury brand’s new ambassador in a campaign for its “Coco Crush” jewelry line.
MajorsJan 08, 2026
Diamond Council of America Names New Board DirectorsThe nonprofit’s new president and CEO, Annie Doresca, also began her role this month.
ColumnistsJan 07, 2026
Peter Smith: Physical Retail—The Beginning or the End?As the shopping mall model evolves and online retail grows, Smith shares his predictions for the future of physical stores.
Events & AwardsJan 07, 2026
Melee Adds 13 New Designers to NYC ShowThe trade show is slated for Jan. 31-Feb. 2 at The Lighthouse in New York City's Chelsea neighborhood.
TrendsJan 07, 2026
Amanda’s Style File: Go for GarnetJanuary’s birthstone comes in a rainbow of colors, from the traditional red to orange, purple, and green.
SourcingJan 07, 2026
Diamonds Do Good Releases 2025 Impact ReportThe annual report highlights how it supported communities in areas where natural diamonds are mined, crafted, and sold.
CrimeJan 06, 2026
2 Jewelers Arrested After TraxNYC Diamond District BrawlFootage of a fight breaking out in the NYC Diamond District was viewed millions of times on Instagram and Facebook.
MajorsJan 06, 2026
Rio Grande Says These Are the Top Personalization Tools for 2026The supplier has a curated list of must-have tools for jewelers doing in-house custom work this year.
MajorsJan 06, 2026
Zales Tests Out A New LookThe Signet Jewelers-owned store, which turned 100 last year, calls its new concept stores “The Edit.”
MajorsJan 06, 2026
LeachGarner Appoints New Director of SalesLinda Coutu is rejoining the precious metals provider as its director of sales.
SourcingJan 06, 2026
AGA Announces 2026 BoardThe governing board welcomed two new members, Claire Scragg and Susan Eisen.
TrendsJan 05, 2026
Amanda’s Style File: New Year’s EditionSparkle with festive diamond jewelry as we celebrate the beginning of 2026.
IndependentsJan 05, 2026
Jeweler Ben Nighthorse Campbell Dies at 92The master jeweler, Olympian, former senator, and Korean War veteran founded the brand Nighthorse Jewelry.
TrendsJan 05, 2026
Pinterest 2026 Trend Report: Brooches, Bold Gold, Cool BlueIn its annual report, Pinterest noted an increase in searches for brooches, heirloom jewelry, and ‘80s luxury.
MajorsJan 02, 2026
Marc Metrick Out as CEO of Saks Global Executive Chairman Richard Baker will take over the role as rumors swirl that a bankruptcy filing is imminent for the troubled retailer.
Events & AwardsJan 02, 2026
Jan Mohr, Couture’s ‘North Star,’ Dies at 71Mohr had just retired in June after more than two decades as Couture’s retailer liaison.
SourcingJan 02, 2026
IDCA Elects New President, Board of DirectorsShekhar Shah of Real Gems Inc. will serve as president of the Indian Diamond & Colorstone Association in 2026.
CollectionsJan 02, 2026
Lalaounis’ 2026 Good Luck Charm Speaks to ResilienceThis year’s good luck charm features the mythical horse Pegasus, and is our first Piece of the Week of the new year.
