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":"70188e94b65da525c0b5cc9c3fa736ba","s":"ce58084d9bd9f876"}
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