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October 2, 2017
By: TOM BRANNA
Editor
LVMH Moët Hennessy Louis Vuitton (LVMH) posted a 15% rise in revenue to €19.7 billion ($23 billion at current exchange rates) in the first half of 2017. Gains were made in all geographic areas. During the first half, LVMH benefited from a favorable comparison base, particularly in Asia but also in France, where activity was impacted last year by a decline in tourism. The company noted, however, that current trends cannot reasonably be extrapolated for the full year. “LVMH has enjoyed an exc...
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