Louis Vuitton’s Australian business has increased the dividend payment to its parent company, controlled by one of the world’s richest people, Bernard Arnault, by more than a fifth after the luxury goods retailer lifted profits in 2025.
Net profit rose 3.7 per cent to $111.7 million in 2025, financial accounts lodged with the Australian Securities and Investments Commission show, despite its revenue from sales of high-end handbags, suitcases, clothing, footwear and watches dipping slightly.
Loading…