LVMH Shines with Record Revenue in Jewelry Sales Louis Vuitton Moët Hennessy (LVMH) has reported a remarkable financial year, achieving a record revenue of €86.15 billion, a 9% increase despite a sales slowdown in the latter half. The luxury group’s success was bolstered by the reopening of Tiffany & Co’s iconic New York store and the acclaim for Louis Vuitton and Christian Dior’s fashion collections. Notably, LVMH’s watches and jewelry division saw a 3% increase in sales, amounting to €10.90 billion, underscoring the robust appeal and enduring demand for its luxury brands amidst economic and geopolitical challenges. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Emerging Economies Drive Gold Rally as Sanctions Fears Spark Diversification READ MORE Gold Prices Skyrocket as China Increases Purchases and Speculation Intensifies READ MORE Japan's Largest Ever Yen Intervention in April: 5.92 Trillion Yen Spent READ MORE Biden Administration Blames GOP for Blocking Inflation-Fighting Measures READ MORE US Budget Gap Widens 16% in First Four Months of Fiscal Year READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment