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The reshuffle comes at a critical juncture for LVMH in China. In its full-year 2025 results, the group reported revenue of 80.81 billion euros, down 4.6% year on year. Recurring operating profit fell 9% to 17.76 billion euros, while net profit declined 13% to 10.88 billion euros.
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第五十一条 仲裁应当开庭进行。当事人协议不开庭的，仲裁庭可以根据仲裁申请书、答辩书以及其他材料作出裁决。