Company News, Financial News

Revenue Grows 12% at LVMH in the First Half of 2017

Businesses like Sephora are fueling sales.

LVMH Moët Hennessy Louis Vuitton posted a 15% rise in revenue to €19.7 billion in the first half of 2017. All geographic areas continue to progress well. During the first half of the year, the Group 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 current trends cannot reasonably be extrapolated for the full year.   Bernard Arnault, chairman and CEO of LVMH, commented: “LVMH has enjoyed an ex...

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