14 Oct 2022

LVMH has announced its financial results for the first three quarters of the 2022 financial year, with revenue growth of 28%.

 

 

Sales were up by 28% in the year so far to €56.5 billion, while organic revenue growth, excluding acquisitions, was 20%. For the third quarter alone, organic revenue growth was 19%.

The company noted in its statement: “Europe, the United States and Japan, up sharply since the start of the year, benefitted from the solid demand of local customers and the recovery in international travel. Asia (including China) saw a lower level of growth over the first nine months of 2022, though growth in the latest quarter accelerated there due to the partial easing of health restrictions.”

The Fashion & Leather Goods business group achieved revenue growth of 31% (24% organic) in the first nine months of the year, with exceptional performance from the Louis Vuitton brand, LVMH highlighted.

Meanwhile, the Watches & Jewellery business group recorded revenue growth of 23% (16% organic) and Selective Retailing grew by 30% (20% organic).

Looking forward to the full year results, the group is confident despite global uncertainty. LVMH noted that: “The Group’s strategy will remain focused on continuously strengthening the desirability of its brands, by relying on the authenticity and quality of its products, the excellence of their distribution and the reactivity of its organisation.”

關於亞太區皮革展 ​

我們為皮革、物料及時裝業界創造面對面洽談的機會,爲客戶締造實質商機。我們雲集世界各地的商家,讓他們尋找新的合作伙伴,發掘潛在客戶或供應商,並掌握業界最新發展。

 

我們主辦多個專注時尚及生活潮流的商貿展覽會, 為這不斷變化的行業,提供最全面的買家及參展商服務,方便他們了解急速轉變的行業環境,並預測來季趨勢。

 

亞太區皮革展遵循英富曼的 Informa AllSecure 規定,提高新冠肺炎疫情後活動之健康和安全標準。

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