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Apparel and accessories

LVMH revenue up 29pc in Q1, led by fashion and leather goods

April 12, 2022

Louis Vuitton is the latest luxury giant to raise its prices in 2022, following Dior and Hermès. But will Chinese consumers keep buying? Image credit: Shutterstock Fashion and leather goods experienced a revenue growth of 30 percent in the first quarter. Image credit: Shutterstock

 

French luxury conglomerate LVMH Moët Hennessy Louis Vuitton has recorded revenue of 18 billion euros, or about $19.5 billion at current exchange, for the first quarter of 2022.

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