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Dec. 22, 2024
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Commerce

Earnings at LVMH suggest diversified retail could reach new heights in 2023

January 27, 2023

Department stores could quite possibly have served as the foundation of the luxury conglomerates fiscal success for the full year. Image credit: LVMH/Le Bon Marché Selective retailing was the second-highest performing business group for LVMH in 2022, serving as the foundation of full-year fiscal success. Image credit: LVMH/Le Bon Marché Rive Gauche

 

By Amirah Keaton

Last year’s earnings prove that French luxury conglomerate LVMH Moët Hennessy Louis Vuitton's fate could rest with one of retail’s oldest models.

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  1. Accor developing Sofitel Diamond Crown Hai Phong in Vietnam
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  3. Off the Cuff: A Q&A with Aston Martin's Marek Reichman
  4. The RealReal opens retail location in Houston
  5. Happy Holidays!
  6. BMW sets record with funds raised for education at playoff event
  7. Mercedes-Benz rolls out AI-enhanced MBUX Voice Assistant
  8. Luxury Unfiltered: Reclaiming luxury leadership when client expectations shift
  9. Luxury Unfiltered: Burberry is on the brink of self-destruction as it taps a new CEO
  10. Desirability, operational efficiency key to luxury brand growth: Accenture
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