Rimowa Achieves Recorded Profit Margins as Global Travel Rebounded

Rimowa closed 2023 with a strong financial performance, marking one of its most profitable years to date. The brand recorded a double-digit percentage increase in operating revenue compared to 2022, driven by increased international travel, demand for high-end luggage, and elevated brand positioning within the LVMH portfolio. Net income more than doubled year-on-year, while the company also saw notable improvements across all key financial metrics, including ROE, ROCE, and cash flow. These results, covering the 12-month period ending 31 December 2023, were disclosed in early 2025.