Navigating the Key Factors of LVMH's Success

Significant product launches and events by LVMH’s Fashion & Leather Brands in H1 2023.


07 August, 2023

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In the first half of 2023, LVMH Moët Hennessy Louis Vuitton garnered a total revenue of €42,2 billion. While comparing with the first half of 2023, the company had a sales growth of 17%. All the categories, except for Wines & Spirits, faced double-digit revenue growth in this period. The profit, driven by the existing operations, has accounted for €1.574 million, up 13% with the operating margin touching revenue’s 27,4%. The net income share of the group was up by 39%, with €8.481 million.

LVMH Moët Hennessy Louis Vuitton announced that Fashion & Leather Goods has done an outstanding job with the star performers like Dior, Louis Vuitton, Loro Piana, Celine, Loewe, and others. They have gained a global-level market share.