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Published 26 days ago

French luxury company LVMH sees turnover grow less rapidly

Summary by rd.nl

LVMH, the French luxury company behind brands such as Louis Vuitton, Christian Dior, and Givenchy, saw revenue growth slow down in the first quarter of this year. This was due to wealthy consumers cutting back on spending on items such as expensive handbags and Hennessy Cognac.

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French luxury company LVMH sees turnover grow less rapidly

LVMH, the French luxury company behind brands such as Louis Vuitton, Christian Dior, and Givenchy, saw revenue growth slow down in the first quarter of this year. This was due to wealthy consumers cutting back on spending on items such as expensive handbags and Hennessy Cognac.

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