• LVMH H1 Results Signal A Cautious Return of Luxury

    1 month ago - By Luxuo

    Image: Louis Vuitton
    The world's largest conglomerate LVMH posted a strong H1 performance with a 28 per cent increase in revenue compared to the previous year. This growth amounted to €36.7 billion, and the group reported that all its business groups achieved double-digit organic revenue growth over the period. Demands from Europe and the United States were attributed to the strong achievement of the group. At the same time, Asia saw lower levels of growth due to the new health restrictions.
    Breaking the results into quarters, one would notice that the group's growth is slowing down...
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