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Louis Vuitton and Christian Dior drive third quarter of French luxury company LVMH

LVMH’s impressive performance across the Louis Vuitton and Christian Dior brands saw sales increase by 40% year-on-year to € 44.1 billion in the third quarter, which ended in September 2021. Has been reached. The fashion and leather products segment expanded 53% in nine months to € 21.3 billion (FY2008: € 13.9 billion).

LVMH’s impressive performance across the Louis Vuitton and Christian Dior brands reported that third-quarter (third-quarter) sales, which ended in September 2021, reached a record high of € 44.1 billion year-on-year. Has been reached. The fashion and leather goods segment grew 53% to € 21.3 billion (€ 13.9 billion) in nine months.

Regionally, the United States and Asia (excluding Japan) were the largest contributors to total revenue, at 25% and 36%, respectively. Europe’s contribution was 15% in the third quarter, compared to France’s 6%.

LVMH’s impressive performance across the Louis Vuitton and Christian Dior brands reported that third-quarter (third-quarter) sales, which ended in September 2021, reached a record high of € 44.1 billion year-on-year. Has been reached. The fashion and leather goods segment grew 53% to € 21.3 billion (€ 13.9 billion) in nine months.

According to the French luxury group, the latest fashion shows in Athens and Paris, which emphasized Maria Grazia Chiuri’s inspiring collection, received great acclaim. After great success in Paris, London and Shanghai, Christian Dior’s Designer of Dreams exhibition was held in New York.

LVMH’s impressive performance across the Louis Vuitton and Christian Dior brands reported that third-quarter (third-quarter) sales, which ended in September 2021, reached a record high of € 44.1 billion year-on-year. Has been reached. The fashion and leather goods segment grew 53% to € 21.3 billion (€ 13.9 billion) in nine months.

In addition, at Fendi, Kim Jones’ first collection was successfully rolled out in stores, and Celine grew strongly with the ready-to-wear and leather goods line created by Hedi Slimane. Loewe and Marc Jacobs also performed well this quarter.

LVMH’s impressive performance across the Louis Vuitton and Christian Dior brands reported that third-quarter (third-quarter) sales, which ended in September 2021, reached a record high of € 44.1 billion year-on-year. Has been reached. The fashion and leather goods segment grew 53% to € 21.3 billion (€ 13.9 billion) in nine months.

LVMH’s selective retail business surged 9% to € 7.8 billion (€ 7.1 billion), Sephora returned to activity levels in 2019 despite the harsh commercial environment, with several stores opening some parts of the year. It was closed. Online revenue in this segment reported strong growth worldwide.

LVMH’s impressive performance across the Louis Vuitton and Christian Dior brands reported that third-quarter (third-quarter) sales, which ended in September 2021, reached a record high of € 44.1 billion year-on-year. Has been reached. The fashion and leather goods segment grew 53% to € 21.3 billion (€ 13.9 billion) in nine months.

“Sephora expanded sales in the United States by installing the first beauty space in Cole’s department store in addition to its own store. Sephora prestige after signing a partnership with the European online platform Zalando. We have acquired Feelunique, a British online distributor specializing in beauty. Network expansion continued in Asia, especially in China. “

Fiber2Fashion News Desk (JL)



Louis Vuitton and Christian Dior drive third quarter of French luxury company LVMH

Source link Louis Vuitton and Christian Dior drive third quarter of French luxury company LVMH

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