Louis Vuitton store in San Diego, California.
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The world’s largest luxury company Lvmh Tuesday reported a year -round sale from expected, in the strongest sign potential turn in a top sector.
The owner of the brands, including Louis Vuitton, Moët & Chandon and Hennessy, has released revenues of 84.68 billion euros (88.27 billion USD) for 2024, opposite 84.38 billion euros of forecast by LSEG analyst.
The French giant of luxury goods is considered to be a bell for the wider luxury industry, which in recent years has faced significant pressure due to the fall of China’s sales and wider macroeconomic winds.
This is the story of the news and will be updated soon.
