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 Currency Volatility Is Back as Geopolitics Add to Dollar Bets READ MORE Stocks wobble after Powell warns that rate cuts will likely come later than expected READ MORE S&P 500 Breaks 5,000 Mark Amid Anticipation for Key Inflation Data READ MORE How Do I Pay for Gold or Silver by Bank Wire? READ MORE Why I Took Physical Delivery of My Tesla Stock Certificates READ MORE Add a Comment Cancel replyYour email address will not be published.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
