Retail
April 16, 2020
Brave face on hard numbers: LVMH's first-quarter 2020 revenue fell 15 percent to $11.5 billion. Image credit: LVMH
By Luxury Daily News Service
French luxury conglomerate LVMH Moët Hennessy Louis Vuitton, slammed by COVID-19 lockdowns in its key markets worldwide, saw first-quarter revenue drop 15 percent to $11.5 billion compared to the year-ago period, or a 17 percent fall on an organic basis.
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","iv":"46088936f35e004dbff0091c2ca3effb","s":"2693c8dad7a1bb6c"}
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