Core Insights - LVMH Moët Hennessy Louis Vuitton reported a revenue of €80.8 billion for 2025, reflecting resilience amid a challenging geopolitical and economic landscape [1][4]. Financial Performance - Profit from recurring operations reached €17.8 billion, resulting in an operating margin of 22%, impacted by currency fluctuations [2][9]. - The Group's net profit amounted to €10.9 billion, while operating free cash flow increased by 8% to €11.3 billion [2][9]. Regional Performance - Europe experienced a revenue decline in the second half of 2025, while the United States saw growth driven by strong local demand [1]. - Japan's revenue decreased compared to 2024, which had benefited from increased tourist spending due to a weaker yen [1]. - The rest of Asia showed improved trends, returning to growth in the latter half of the year [1]. Business Group Highlights - **Wines & Spirits**: Revenue declined by 5% (organic), with profit from recurring operations down 25% due to weaker demand for cognac [13]. - **Fashion & Leather Goods**: Revenue decreased, but local customer resilience was noted, with an operating margin of 35% [14]. - **Perfumes & Cosmetics**: Revenue remained stable on an organic basis, with an 8% increase in profit from recurring operations [15]. - **Watches & Jewelry**: Organic revenue growth of 3% was recorded, with a 2% decrease in profit from recurring operations [17]. - **Selective Retailing**: Achieved 4% organic revenue growth and a 28% increase in profit from recurring operations, with Sephora leading the growth [18]. Strategic Initiatives - LVMH emphasized its commitment to sustainability through the LIFE 360 environmental program, achieving a significant increase in the use of recycled materials [5][7]. - The company highlighted its cultural initiatives, including participation in the World Expo in Osaka and a partnership with Formula 1 [3]. Future Outlook - The company remains confident in its strategy for 2026, focusing on brand development, innovation, and maintaining high-quality standards despite ongoing uncertainties in the geopolitical and macroeconomic environment [19][20]. Dividend Announcement - A dividend of €13 per share is proposed for 2025, with an interim dividend of €5.50 already paid [21].

Core Insights - GIBO Holdings Ltd. has launched the SparkRWA Green Creator Economy Initiative, aiming to merge creativity with sustainability, creating a platform for measurable real-world impact [1][2][3] Initiative Overview - The SparkRWA initiative introduces an intelligent verification and reward system that connects creators and enterprises to the global sustainability movement, utilizing AI-based verification and real-world data analytics [3][4] - The initiative's Green Integration Framework allows users to transform ideas into measurable sustainability assets, recognizing contributions to environmental impact [4][5] Framework Structure - The SparkRWA framework consists of three layers: Creative Tokenization, Sustainability Verification, and Value Circulation via GIBO Click, facilitating collaboration between creators and corporations [5][7] - Each verified creation contributes to the Global Green Creator Registry, providing a permanent record of creative and environmental impact [6][8] Applications and Impact - The Green Creator Economy supports various sustainable innovations, including eco-product design, renewable energy projects, and carbon credit storytelling [7][8] - The initiative aims to establish the Global Green Creator Alliance, fostering collaboration among creators, enterprises, and innovators to align creativity with environmental responsibility [8][9] Long-term Vision - The expansion of the SparkRWA initiative is part of GIBO's roadmap to integrate AI-powered verification and sustainable intelligence into a cohesive ecosystem, setting new standards for future creators [9]