Double-digit growth for Louis Vuitton in 2015 - leatherbiz: Leading ne Leatherbiz

News

Double-digit growth for Louis Vuitton in 2015

02/02/2016
Luxury group LVMH Moët Hennessy Louis Vuitton achieved revenues of €35.7 billion in 2015, an increase of 16% over the previous year.

As in previous years, the group’s fashion and leathergoods division, which includes brands such as Louis Vuitton, Christian Dior, Fendi and Céline, made the greatest contribution to the total, earning revenues of almost €12.4 billion last year, representing growth of 14%.

Chief executive, Bernard Arnault, commented on announcing the figures: “The 2015 results confirm the capacity for LVMH to progress and gain market share despite economic and geopolitical uncertainty. Revenue and operating profit reached new record levels. Commitment to excellence, a passion for quality and our capacity to innovate underpin our growth momentum.”



Related stories:

LVMH revenue grows in first half of 2016 27/07/2016
New CEO at Alexander McQueen 06/05/2016
LVMH partners with startup event 14/04/2016
LVMH reports increased revenues in first quarter 12/04/2016
LVMH appoints former government advisers to board 02/03/2016

Leatherbiz.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.