LVMH showed good resilience against the pandemic crisis in 2020
th, 2021 LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of 44.7 billion euros in 2020, down 17%. Organic revenue declined 16% compared to 2019. LVMH showed good resilience in 2020 in an economic environment severely disrupted by the serious health crisis that led to the suspension of international travel and the closure of the Group's stores and manufacturing sites in most countries over a period of several months. With an organic revenue decline of only 3% in the fourth quarter, the Group saw a significant improvement in trends in all its act...