29-01-2020 15:28 via retailgazette.co.uk

LVMH boasts “record year” as revenue tops £45bn

// LVMH revenue reached £45.4bn in 2019
// Profit for the group reached £9.7bnLVMH has recorded a double-digit increase in revenue during the fourth-quarter, despite the Hong Kong protests dragging sales across stores in the region.
Revenue for the full year grew by 15 per cent to €53.7 billion (£45.4 billion), while fourth quarter revenue increased 12 per cent compared to the same period in 2018.
Profit for the parent company of luxury retailers like Louis Vuitton reached
Read more »