Record profitability for LVMH leathergoods brands
27/07/2022
Luxury group LVMH has reported revenues of €36.7 billion for the first six months of 2022, an increase of 28% compared to the same months in 2021.
It said its leathergoods and fashion business had achieved “a remarkable performance”, particularly Louis Vuitton, Christian Dior, Fendi, Celine, Loro Piana. It also picked out the performance of Loewe. It said that these brands, together, had gained market share across the board and achieved new record highs for profitability.
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