LVMH Reports 9% Revenue Growth in 2023

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LVMH Reports 9% Revenue Growth in 2023
LVMHLuxury MarketRevenue Growth
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LVMH's revenues increased by 9% in 2023, reaching 86.2 billion euros. The company saw growth in all areas except wines and spirits, with fashion and leather goods leading the way.

Despite the overall slowdown hitting the luxury market , LVMH 's revenues jumped 9 percent year-over-year in 2023, totaling 86.2 billion euros. Every area of the business except wines and spirits saw gains, while fashion and leather goods carried the conglomerate's bottom lines.

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LVMH Luxury Market Revenue Growth Fashion Leather Goods

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