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LVMH reports sales surge in China in June.
July 28, 2020
By: Happi Staff
This better be more than a dead carat bounce. Luxury house LVMH Moët Hennessy Louis Vuitton said demand for jewelry, prestige cosmetics and haute couture soared in China in the second quarter, a sure sign of a turnaround in a global economy that's been battered by coronavirus. More specifically, the company recorded gains for leading brands such as Louis Vuitton and Dior, and a surge in online sales. “LVMH showed exceptional resilience to the serious health crisis the world experi...
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