LVMH records 15% revenue growth in Q1

10/04/2017
Luxury group LVMH recorded revenue of €9.9 billion for the first quarter 2017, an increase of 15% compared to the same quarter in 2016.

Its fashion and leathergoods division brought in €3.4 billion during the quarter, which also represents growth of 15%.

Louis Vuitton, Fendi, Céline, Kenzo, Loewe and Berluti were among the division’s brands that “showed progress”, the group said.