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 Home Sales Hit a New Low: 2023 Ends with Weakest Performance Since 1995 READ MORE Proposed Ban on Open-Pit Mining Could Crush Mexico's Economy READ MORE U.S. oil falls below $83 as war fears ease after Israel refrains from immediate Iran counterattack READ MORE How To Buy Gold Coins, Bars, Bullion & More [What You Need to Know] READ MORE Gold: “It’s Off To The Races From Here” READ MORE Add a Comment Cancel replyYour email address will not be published.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
