Enduring product quality helps LVMH to first-half growth
27/07/2021
Last year was “severely disrupted” by covid-19, the group said, but these results also indicated an increase of 11% compared to the first half of 2019.]
Its leathergoods and fashion division recorded revenues of nearly €13.9 billion, growth of 81% compared to the first half of 2020 and of 38% compared to the first six months of 2019.Chief executive, Bernard Arnault, said: “The creativity, the high-quality and enduring nature of our products and the sense of responsibility that drives us, have been critical in enabling us to successfully withstand the effects of the pandemic.”
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