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Bernard Arnault's LVMH reports strong Q4 as luxury shoppers chase 'highest-end' goods

The French powerhouse, home to Dior, Louis Vuitton, Sephora, and Tiffany's, stunned with a 10% sales surge in the final quarter of 2023.

Maisons , Champagne-ardenne , France , Paris , France-general- , China , Chinese , French , Van-cleef-arpels , Louis-vuitton , Bernard-arnault , Flavio-cereda

LVMH grows sales as luxury shoppers show resilience

Luxury goods group LVMH
posted a 10% rise in fourth quarter sales, as growth
edged up from the previous quarter, driven by resilient demand
for its high end fashion labels.
Sales at the...

Paris , France-general- , France , United-states , China , Chinese , Americans , Louis-vuitton , Matt-scuffham , Jelena-sokolova , Ingrid-melander , Reuters

LVMH grows sales as luxury shoppers show resilience

PARIS (Reuters) -Luxury goods group LVMH posted a 10% rise in fourth-quarter sales on Thursday, as growth edged up from the previous quarter, driven by resilient demand - including from Chinese buyers - for its high-end fashion over the all-important end-of-year period. Sales at the world's biggest luxury group, which owns labels, including Louis Vuitton, Dior and Tiffany, came to nearly 24 billion euros ($26 billion) in the final three months of the year. "The highest-end products are those that have the highest demand in the world," LVMH CEO Bernard Arnault told analysts, citing haute couture products from labels like Christian Dior and adding that this trend was set to continue.

Paris , France-general- , France , United-states , China , Chinese , Americans , Matt-scuffham , Louis-vuitton , Ingrid-melander , Jelena-sokolova , Reuters

LVMH grows sales as luxury shoppers show resilience

LVMH grows sales as luxury shoppers show resilience
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

Paris , France-general- , France , China , United-states , Chinese , Americans , Ingrid-melander , Jean-jacques-guiony , Jelena-sokolova , Aurora-ellis , Louis-vuitton

LVMH grows sales as luxury shoppers show resilience

LVMH grows sales as luxury shoppers show resilience
rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.

United-states , China , Americans , Chinese , Jelena-sokolova , Louis-vuitton ,

LVMH grows sales as luxury shoppers show resilience

LVMH grows sales as luxury shoppers show resilience
devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.

United-states , China , Chinese , Americans , Jelena-sokolova , Louis-vuitton ,

Hermès created Europe's biggest family fortune after spurning 'revolting' LVMH

The luxury brand has thrived in large part due to its controlling family’s penchant for doing things in quaint ways that hark back to its nearly two-century heritage.

United-kingdom , Paris , France-general- , France , Herme , Îe-de-france , China , Puech , Midi-pyrées , Krefeld , Nordrhein-westfalen , Germany

How Hermes became Europe's biggest family fortune after spurning LVMH's 'wolf in cashmere'

Fifth and sixth-generation Hermes owners stopped the “wolf in cashmere” making their luxury brand another label in LVMH’s stable of about 75 brands that includes Louis Vuitton and Christian Dior.

France , Chicago , Illinois , United-states , United-kingdom , Louviers , Haute-normandie , Krefeld , Nordrhein-westfalen , Germany , New-york , Milan

Hermès Created Europe's Biggest Family Fortune After Spurning LVMH

Hermès Created Europe's Biggest Family Fortune After Spurning LVMH
businessoffashion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessoffashion.com Daily Mail and Mail on Sunday newspapers.

China , Chicago , Illinois , United-states , France , Louviers , Haute-normandie , Germany , New-york , Krefeld , Nordrhein-westfalen , Qatar

What Farfetch's troubles mean for luxury fashion

With Farfetch rumoured to be taken private amid a falling cash position, Drapers explores what’s behind the luxury etailer’s struggles and what impact they have on the rest of the luxury market.

Switzerland , London , City-of , United-kingdom , China , United-states , New-york , New-york-stock-exchange , Swiss , America , Chinese , Jelena-sokolova