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LVMH H1 2020 revenues drop almost 30pc amid COVID-19

Dior's new 2021 cruise look is inspired by the southern Italian region of Puglia. Image credit: Dior Dior has been one of LVMH's most resilient labels in 2020. Image credit: Dior

 

French luxury conglomerate LVMH Moët Hennessy saw its revenues fall to 18.4 billion euros, or $21.6 billion at current exchange, for the first half of 2020 as the coronavirus pandemic continues.