LVMH and Hermès improve margins in 2023 despite slower growth rates

An article by Sophie Baqué

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Publication

10 February 2024 à 23h41

Updated on 12 February 2024 à 21h05

Reading time

2 minutes

Publication: 10 February 2024 à 23h41, Updated on 12 February 2024 à 21h05

Reading time: 2 minutes

An article by Sophie Baqué

Add mind Retail to your sources

Publication

10 February 2024 à 23h41

Updated on 12 February 2024 à 21h05

Reading time

2 minutes

Publication: 10 February 2024 à 23h41, Updated on 12 February 2024 à 21h05

Reading time: 2 minutes

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In a context of return to normal consumer demand after post-Covid-19 euphoria, particularly in Europe and Asia, LVMH recorded a total turnover of €86.15 billion in 2023 up by 9%.

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Featured image of the article Sophie Baqué

Sophie Baqué Chief Editor of mind Retail

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