Home » Why South Korea has become a springboard for LVMH and Gucci Why South Korea has become a springboard for LVMH and Gucci With luxury purchases of US$325 per capita in 2022, South Koreans are the now the world's largest customers for high-end goods. Whilst luxury sales could fall in the U.S.A. in 2023 due to tensions in the housing market, the head of LVMH travelled to Seoul to meet potential partners and K-Pop influencers. Through Bleuenn Fequant et Sophie Baqué. Published on 27 March 2023 à 10h27 - Update on 03 April 2023 à 16h07 Resources On 20 March, Bernard Arnault, C.E.O. of LVMH (turnover of €79.2 billion in 2022, up by 23%) and his daughter Delphine, C.E.O. of Christian Dior, travelled to South Korea for a three-day visit to meet Directors of the main department store chains for partnership discussions.… Bleuenn Fequant et Sophie Baqué digitalluxury
