Iran War Impacts LVMH's Sales
Gulf region demand weakened and European tourists declined.
6% of LVMH's turnover was in the conflict-affected region.
Dubai mall traffic dropped 50% since war began.
Fashion division sales fell 2% amid 7 consecutive declines.
Global sales rose 1% with US growth at 3%.
Analysts predict 2026 as a growth year despite crisis.
4 days ago