Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

LVMH fashion sales soar

LVMH’s fashion and leather goods business recorded a reported revenue growth of 20% in the first nine months of 2018, compared to the same period last year.

The business group saw revenue increase to €13bn (£11.4bn), from €10.8bn (£9.5bn) in 2017, which it attributed to the continued success of Louis Vuitton, a strong performance from the brand’s most recent ready-to-wear collections, and the launch of the brand’s latest perfume. 

The fashion house said Christian Dior enjoyed an “excellent performance”, and Celine made progress following designer Hedi Slimane’s first runway show, which was a great success.

Overall reported revenue growth for the business was up 10% on 2017 to €33.1bn (£29bn).

Looking forward the group’s strategy is “focused on innovation and targeted geographic expansion in the most promising markets”, relying on its strong brands and team to “further extend its global leadership”. 

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.