Bernard Arnault Has Every Reason To Be Happy as LVMH Reports Stronger-Than-Expected Sales
LVMH, the world’s largest luxury conglomerate, has reported better-than-anticipated full-year sales for 2024, marking a potential turnaround for the high-end sector. The company, which owns prestigious brands such as Louis Vuitton, Moët & Chandon, and Hennessy, recorded revenues of $88.27 billion for the year. LVMH’s organic growth reached 1% compared...