LVMH says Sephora sales are slowing down in the U.S. because Amazon is ‘very aggressive’ in lowering prices ‘and we try to avoid this technique’

LVMH reported its first-quarter earnings of 2025 Monday, and Sephora was a notable weak point for the luxury conglomerate’s U.S. presence—even though the fashion brand is performing well globally. While U.S. demand for jewelry, leather, and fashion “remained well oriented…








