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Dec. 24, 2024
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Apparel and accessories

LVMH revenues top $54B in 2020, as fashion leads recovery

January 26, 2021

Every year, LVMH strives to ensure the long-term development of each of its brands in keeping with their heritage and expertise. Image credit: LVMH

 

By Luxury Daily News Service

French luxury goods conglomerate LVMH Moët Hennessy Louis Vuitton has proved resilient in 2020 despite an economic environment severely affected by the global health crisis, which resulted in the closures of many brand stores and manufacturing sites.

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