PERFUMES & COSMETICS GOOD PERFORMANCE BY HISTORIC MAISONS; ONGOING SELECTIVE RETAIL APPROACH
Parfums Christian Dior
Revenue €3,914m 0% vs H1 2025(1)
Profit from recurring operations €417m -2% vs H1 2025
Operating margin 10.6%
(1) With comparable structure and constant exchange rates.
Parfums Christian Dior
The Perfumes & Cosmetics business group, for which revenue remained stable on an organic basis in the first half of 2026, maintained its robust innovation policy and highly selective retail approach. The operating margin was up slightly. LVMH’s historic Maisons had a good start to the year.
Parfums Christian Dior performed well, buoyed by the launches of J’adore Intense and eau de parfum versions of Dior Addict. In high perfumery, new signature scents were unveiled within La Collection Privée. Good momentum in makeup – driven by Forever and Backstage in particular – also contributed to the Maison’s performance. Guerlain saw strong growth driven by its L’Art & La Matière and Aqua Allegoria fragrance collections, as well as accelerating growth in its iconic Rouge G lipstick. Parfums Givenchy focused on the development of L’Interdit. Maison Francis Kurkdjian expanded its Oud collection and Acqua di Parma celebrated its 110th anniversary.