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Commerce

Sales growth slows at LVMH in Q3 2023

October 11, 2023

The world’s biggest luxury group is readying to put its maisons to work, which will design the medals, dress the athletes and fund the torch relay. Image credit: LVMH/Philippe Servent In the third quarter, revenues grew just 1 percent year-over-year. Image credit: LVMH/Philippe Servent

 

By Luxury Daily News Service

New financial disclosures from French luxury conglomerate LVMH suggest that the pandemic-era luxury sales boom is officially over.

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