LVMH reported a 2% year-on-year decline in revenue for its Watches & Jewellery division, with sales reaching €2.44 billion in the first quarter of 2026. Despite the marginal drop, the segment delivered 7% organic growth, indicating resilient underlying demand in a challenging global environment marked by currency fluctuations and economic uncertainty.
Among its key brands, Tiffany & Co. posted a strong performance, supported by continued popularity of its HardWear collection and ongoing enhancements to its retail footprint. The quarter also featured a new marketing campaign starring global ambassador Natalie Portman, alongside exclusive high jewellery presentations in Gstaad and Beijing.
Bvlgari maintained solid growth momentum, driven by flagship collections such as Serpenti and Tubogas. The brand also introduced “Eclettica,” marking a fresh creative direction across its high jewellery and watch offerings.
Meanwhile, Chaumet continued to gain traction, benefiting from the expansion of its Bee de Chaumet line, which helped reinforce performance across its core product categories.
Overall, while external pressures weighed on reported figures, LVMH’s jewellery and watch brands demonstrated steady consumer interest and strategic brand strength across global markets.
Disclaimer: This information has been collected through secondary research and TJM Media Pvt Ltd. is not responsible for any errors in the same.
