LVMH revenues drop 38% despite sales improving since lockdown ease

// LVMH sales recover in June as stores began to reopen
// LVMH had closed stores due to a government-mandated coronavirus lockdownLouis Vuitton owner LVMH has seen its sales pick up in June as stores reopened following a government-mandated lockdown.
Revenues came in at €7.8 billion (£7 billion) in the April to June period, down 38 per cent on a like-for-like basis.
The group increased its prices by five per cent at its flagship brand Louis Vuitton at the end of June — marking