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LVMH and Google Cloud Create Strategic Partnership for AI and Cloud-Based Innovation

LVMH and Google Cloud Create Strategic Partnership for AI and Cloud-Based Innovation
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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 activities compared to the first nine months of 2020. Fashion & Leather Goods in particular, enjoyed a remarkable performance, with double-digit growth in both the third and fourth quarters. While Europe is still affected by the crisis, the United States saw a good recovery and Asia grew strongly. ....

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Investegate |LVMH Announcements | LVMH: LVMH showed good resilience against the pandemic crisis in 2020


LVMH showed good resilience against the pandemic crisis in 2020
Paris, January 26
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 activities compared to the first nine months of 2020. Fashion & Leather Goods in particular, enjoyed a remarkable performance, with double-digit growth in both the third and fourth quarters. While Europe is still affected by the crisis, the United States saw a good recovery and Asia grew strongly. ....

Champagne Ardenne , New York , United States , Hong Kong , France General , Le Jardin , Argyll And Bute , United Kingdom , Cheval Blanc , Provence Alpes Côd Azur , Veuve Clicquot Ponsardin , Hennessy Louis Vuitton , Abeille Royale , Hugh Morrison , Daniel Jeffreys , Jadore Infinissime , Brune Diricq Charlotte Marin , Parfums Givenchy , Bernard Arnault , Michel Calzaroni Olivier Labesse , Schmitt Thomas Roborel , James Fingeroth , Loro Piana , Emilio Pucci , Louis Vuitton , Maison Tiffany ,

LVMH showed good resilience against the pandemic crisis in 2020


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 activities compared to the first nine months of 2020. Fashion & Leather Goods in particular, enjoyed a remarkable performance, with double-digit growth in both the third and fourth quarters. While Europe is still affected by the crisis, the United States saw a good recovery and Asia grew strongly. ....

Champagne Ardenne , New York , United States , Cheval Blanc , Provence Alpes Côd Azur , Hong Kong , France General , Le Jardin , Veuve Clicquot Ponsardin , Hennessy Louis Vuitton , Abeille Royale , Hugh Morrison , Daniel Jeffreys , Jadore Infinissime , Brune Diricq Charlotte Marin , Parfums Givenchy , Bernard Arnault , Michel Calzaroni Olivier Labesse , Schmitt Thomas Roborel , James Fingeroth , Loro Piana , Emilio Pucci , Louis Vuitton , Maison Tiffany , Kenzo Parfums , Maison Francis Kurkdjian ,