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June 30, 2025
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Commerce

Earnings at LVMH suggest diversified retail could reach new heights in 2023

January 27, 2023

Department stores could quite possibly have served as the foundation of the luxury conglomerates fiscal success for the full year. Image credit: LVMH/Le Bon Marché Selective retailing was the second-highest performing business group for LVMH in 2022, serving as the foundation of full-year fiscal success. Image credit: LVMH/Le Bon Marché Rive Gauche

 

By Amirah Keaton

Last year’s earnings prove that French luxury conglomerate LVMH Moët Hennessy Louis Vuitton's fate could rest with one of retail’s oldest models.

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  1. Trussardi’s creative director leaves family business
  2. Bentley opens three showrooms in North America
  3. Printemps unveils VIP shopping suite at Haussmann flagship
  4. LVMH averts luxury slowdown, revenues up 9pc in 2023
  5. Prada Group sees first quarter sales rise 16pc
  6. Dior selects new global ambassador
  7. Balenciaga goes circular with new resale service
  8. Maison Margiela takes stab at sustainable status in new content for ‘Replica’ refill debut
  9. RH appoints new co-chief merchandising, creative officer
  10. Chanel reports 4pc revenue drop in 2024
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