Louis Vuitton Louis Vuitton

LVMH Celebrates Q1 Revenue Growth

Moët Hennessy Louis Vuitton (LVHM), the high quality product group, has revealed positive performance in the first quarter (Q1) of this year, which saw revenue of EUR9.9 billion, a 15 percent year-on-year rise.

During the reviewed period, an upward trend was recorded across all LVHM business groups, comprising of wines and spirits, fashion and leather goods, perfumes and cosmetics, watches and jewellery and selective retailing, all witnessing on average a 15 percent upsurge. 

To sustain momentum throughout the year, the group will rely on its talented teams, keep diversifying its businesses as well as pursue geographical balance of its revenue to reinforce its stable global position in the luxury segment.