Luxury Daily
World’s leading luxury business publication
July 1, 2022
  1. Day’s wrap: Dolce & Gabbana, Saks, Bulgari, Bloomingdale’s and Rolls-Royce
  2. Bulgari reveals next destination for hospitality portfolio
  3. Dolce & Gabbana returns with another summery Saks exclusive
  4. Rolls-Royce showcases Dawn in carefree, cinematic campaign
  5. Dolce & Gabbana, Saks, Bulgari, Bloomingdale’s and Rolls-Royce
  6. Rolls-Royce announces new director of global communications
  7. Tod's casts Italy as main character in new collection campaign
  8. Brands must prepare for a beauty renaissance: report
  9. Rolls-Royce Motor Cars is first British automaker to resume production with ongoing lockdown
  10. Starboard, Ritz-Carlton Yacht Collection bring shopping to the sea
The News and Intelligence You Need on Luxury

Subscribe now to get full access for less than $1 per day

Comment
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

Retail

LVMH first-quarter revenue drops 15pc to $11.5B over COVID-19 lockdowns

April 16, 2020

Brave face on hard numbers: LVMH's first-quarter 2020 revenue fell 15 percent to $11.5 billion. Image credit: LVMH Brave face on hard numbers: LVMH's first-quarter 2020 revenue fell 15 percent to $11.5 billion. Image credit: LVMH

 

By Luxury Daily News Service

French luxury conglomerate LVMH Moët Hennessy Louis Vuitton, slammed by COVID-19 lockdowns in its key markets worldwide, saw first-quarter revenue drop 15 percent to $11.5 billion compared to the year-ago period, or a 17 percent fall on an organic basis.

To read the entire article, please subscribe or
 
LATEST HEADLINES
MOST POPULAR
  1. Day’s wrap: Dolce & Gabbana, Saks, Bulgari, Bloomingdale’s and Rolls-Royce
  2. Bulgari reveals next destination for hospitality portfolio
  3. Dolce & Gabbana returns with another summery Saks exclusive
  4. Rolls-Royce showcases Dawn in carefree, cinematic campaign
  5. Dolce & Gabbana, Saks, Bulgari, Bloomingdale’s and Rolls-Royce
  6. Rolls-Royce announces new director of global communications
  7. Tod's casts Italy as main character in new collection campaign
  8. Brands must prepare for a beauty renaissance: report
  9. Rolls-Royce Motor Cars is first British automaker to resume production with ongoing lockdown
  10. Starboard, Ritz-Carlton Yacht Collection bring shopping to the sea
VIDEOS
More Videos

MORE IN Retail
Virtual lines can help brands, retailers limit shoppers’ frustrations
Wardrobing in China poses a real risk to fashion
Bloomingdale’s unveils Aqua, Studio 189 collaboration
Farfetch, Good On You launch sustainability hub
Richemont mourns loss of former deputy chairman
Starboard, Ritz-Carlton Yacht Collection bring shopping to the sea



RECENT ARTICLES
As the crypto market declines, future remains uncertain
Virtual lines can help brands, retailers limit shoppers’ frustrations
Brands must prepare for a beauty renaissance: report

Free webinar: 5 trends in the luxury goods industry
Subscribe now: Full access to 90,000+ articles, reports, videos and images
Happy Fourth of July!