LVMH published consensus-smashing FY21 figures and has opened strongly the FY release period for the luxury sector.
All businesses recorded a better-than-expected performance. Highlighting the spectacular performance in Fashion & Leather goods and a strong acceleration in the Watches & Jewellery division.
The strong desirability of the group’s brands and strong pricing power of Dior and LV will continue to support the top line and profitability. LVMH is confident in its ability to maintain its ....
28 Jan 2022
Profitability more than doubles
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Profitability more than doubles
- Published:
28 Jan 2022 -
Author:
Jie Zhang -
Pages:
4
LVMH published consensus-smashing FY21 figures and has opened strongly the FY release period for the luxury sector.
All businesses recorded a better-than-expected performance. Highlighting the spectacular performance in Fashion & Leather goods and a strong acceleration in the Watches & Jewellery division.
The strong desirability of the group’s brands and strong pricing power of Dior and LV will continue to support the top line and profitability. LVMH is confident in its ability to maintain its ....