LVMH Shines with Record Revenue in Jewelry Sales Louis Vuitton Moët Hennessy (LVMH) has reported a remarkable financial year, achieving a record revenue of €86.15 billion, a 9% increase despite a sales slowdown in the latter half. The luxury group’s success was bolstered by the reopening of Tiffany & Co’s iconic New York store and the acclaim for Louis Vuitton and Christian Dior’s fashion collections. Notably, LVMH’s watches and jewelry division saw a 3% increase in sales, amounting to €10.90 billion, underscoring the robust appeal and enduring demand for its luxury brands amidst economic and geopolitical challenges. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Japan raises interest rates for first time in 17 years READ MORE Crude Oil Rally Loses Steam as Technicals Signal Pullback READ MORE Biden-Harris Administration Releases First Set of Draft Rules to Provide Debt Relief to Millions of Borrowers READ MORE Gold's Unprecedented Surge in an Everything Rally READ MORE Crucial Week Ahead: Key Reports to Influence Fed's Rate Policy Decisions READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
