{"id":224893,"date":"2023-01-27T09:30:24","date_gmt":"2023-01-27T09:30:24","guid":{"rendered":"https:\/\/www.theindustry.fashion\/?p=224893"},"modified":"2023-01-27T18:16:41","modified_gmt":"2023-01-27T18:16:41","slug":"lvmh-revenues-boosted-by-record-sales-at-fashion-superbrands","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/lvmh-revenues-boosted-by-record-sales-at-fashion-superbrands\/","title":{"rendered":"LVMH revenues boosted by 'record' sales at fashion superbrands"},"content":{"rendered":"<p><strong><span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/www.theindustry.fashion\/the_directory\/lvmh\/\" target=\"_blank\" rel=\"noopener\">LVMH<\/a><\/span>\u00a0has <\/strong><strong>reported revenue growth of 23% to \u00a369.5 billion (\u20ac79.1 billion) for 2022, with the fashion and leather goods segment reaching \"record\" levels.\u00a0<\/strong><\/p>\n<p><!--more--><\/p>\n<p>The luxury conglomerate saw revenues increase 25% to \u00a333.9 billion (\u20ac38.6 billion), with Louis Vuitton revenue surpassing \u00a317.5 billion (\u20ac20 billion) for the first time. Growth was also driven by <span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/www.theindustry.fashion\/the_directory\/dior\/\" target=\"_blank\" rel=\"noopener\">Christian Dior<\/a><\/span>, <span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/www.theindustry.fashion\/the_directory\/celine\/\" target=\"_blank\" rel=\"noopener\">Celine<\/a><\/span>, <span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/www.theindustry.fashion\/the_directory\/fendi\/\" target=\"_blank\" rel=\"noopener\">Fendi<\/a><\/span>, <span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/www.theindustry.fashion\/the_directory\/loewe\/\" target=\"_blank\" rel=\"noopener\">Loewe<\/a><\/span> and <span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/www.theindustry.fashion\/the_directory\/marc-jacobs\/\" target=\"_blank\" rel=\"noopener\">Marc Jacobs<\/a><\/span>.<\/p>\n<p>The watches and jewellery business group recorded revenue growth of 18% to \u00a39.2 billion (\u20ac10.5 billion), with \"sustained creative momentum\" from <span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/www.theindustry.fashion\/the_directory\/tiffany-co\/\" target=\"_blank\" rel=\"noopener\">Tiffany &amp; Co<\/a><\/span>, Bulgari and TAG Heuer.<\/p>\n<p>The perfume and cosmetics business group saw revenues rise 17% to \u00a36.7 billion (\u20ac7.7 billion), driven by \"strong\" growth in perfumes.<\/p>\n<p>The Selective Retailing business group reported revenue up 26% to \u00a313 billion (\u20ac14.8 billion), boosted by\u00a0a \"remarkable rebound\" for beauty retailer <span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/theindustry.beauty\/the_directory\/sephora\/\" target=\"_blank\" rel=\"noopener\">Sephora<\/a><\/span>. Sephora has recently announced it will be returning to the UK retail market with the<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/theindustry.beauty\/sephora-announces-london-debut-store-location\/\" target=\"_blank\" rel=\"noopener\"> first store to open in Westfield London.\u00a0<\/a><\/span><\/p>\n<p>Total revenue in Europe, the US and Japan \"rose sharply\", benefiting from demand from local customers and the recovery of international travel. The Asian market remained \u201cstable\u201d over the year, due to the resurgence of COVID-19 in China.<\/p>\n<p>Profit from recurring operations increased 23% to \u00a318.5 billion (\u20ac21.1 billion).<\/p>\n<p>Bernard Arnault, Chairman and CEO of LVMH, said: \u201cOur performance in 2022 illustrates the exceptional appeal of our Maisons and their ability to create desire during a year affected by economic and geopolitical challenges. The group once again recorded significant growth in revenue and earnings.<\/p>\n<p>\"We approach 2023 with confidence but remain vigilant due to current uncertainties. We count on the desirability of our Maisons and the agility of our teams to further strengthen our lead in the global luxury market and support France\u2019s prestige throughout the world.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p> [&hellip;]<\/p>\n","protected":false},"author":100,"featured_media":224913,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[10585,6],"tags":[10132,10291,10169,11067,9814,10023,10127,10076,8467],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>LVMH revenues boosted by &#039;record&#039; sales at fashion superbrands - TheIndustry.fashion<\/title>\n<meta name=\"description\" content=\"LVMH\u00a0has reported revenue growth of 23% to \u20ac79.1 billion for 2022, with the fashion and leather goods segment reaching &quot;record&quot; levels.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.theindustry.fashion\/lvmh-revenues-boosted-by-record-sales-at-fashion-superbrands\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LVMH revenues boosted by &#039;record&#039; sales at fashion superbrands - TheIndustry.fashion\" \/>\n<meta property=\"og:description\" content=\"LVMH\u00a0has reported revenue growth of 23% to \u20ac79.1 billion for 2022, with the fashion and leather goods segment reaching &quot;record&quot; levels.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.theindustry.fashion\/lvmh-revenues-boosted-by-record-sales-at-fashion-superbrands\/\" \/>\n<meta property=\"og:site_name\" content=\"TheIndustry.fashion\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/theindustryfashion\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-27T09:30:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-27T18:16:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/2023\/01\/LVMH-Louis-Vuitton.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sophie Smith\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@theindustryfash\" \/>\n<meta name=\"twitter:site\" content=\"@theindustryfash\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sophie Smith\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.theindustry.fashion\/lvmh-revenues-boosted-by-record-sales-at-fashion-superbrands\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.theindustry.fashion\/lvmh-revenues-boosted-by-record-sales-at-fashion-superbrands\/\"},\"author\":{\"name\":\"Sophie Smith\",\"@id\":\"https:\/\/www.theindustry.fashion\/#\/schema\/person\/51e852c318a89ff85ed5343f5417e668\"},\"headline\":\"LVMH revenues boosted by 'record' sales at fashion superbrands\",\"datePublished\":\"2023-01-27T09:30:24+00:00\",\"dateModified\":\"2023-01-27T18:16:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.theindustry.fashion\/lvmh-revenues-boosted-by-record-sales-at-fashion-superbrands\/\"},\"wordCount\":280,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.theindustry.fashion\/#organization\"},\"keywords\":[\"Celine\",\"Christian Dior\",\"FENDI\",\"Loewe\",\"Louis Vuitton\",\"Luxury\",\"LVMH\",\"Marc Jacobs\",\"Sephora\"],\"articleSection\":{\"0\":\"Finance\",\"2\":\"News &amp; Insight\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.theindustry.fashion\/lvmh-revenues-boosted-by-record-sales-at-fashion-superbrands\/#respond\"]}],\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.theindustry.fashion\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.theindustry.fashion\/lvmh-revenues-boosted-by-record-sales-at-fashion-superbrands\/\",\"url\":\"https:\/\/www.theindustry.fashion\/lvmh-revenues-boosted-by-record-sales-at-fashion-superbrands\/\",\"name\":\"LVMH revenues boosted by 'record' sales at fashion superbrands - TheIndustry.fashion\",\"isPartOf\":{\"@id\":\"https:\/\/www.theindustry.fashion\/#website\"},\"datePublished\":\"2023-01-27T09:30:24+00:00\",\"dateModified\":\"2023-01-27T18:16:41+00:00\",\"description\":\"LVMH\u00a0has reported revenue growth of 23% to \u20ac79.1 billion for 2022, with the fashion and leather goods segment reaching \\\"record\\\" levels.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/www.theindustry.fashion\/lvmh-revenues-boosted-by-record-sales-at-fashion-superbrands\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.theindustry.fashion\/lvmh-revenues-boosted-by-record-sales-at-fashion-superbrands\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.theindustry.fashion\/lvmh-revenues-boosted-by-record-sales-at-fashion-superbrands\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.theindustry.fashion\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"LVMH revenues boosted by 'record' sales at fashion superbrands\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.theindustry.fashion\/#website\",\"url\":\"https:\/\/www.theindustry.fashion\/\",\"name\":\"TheIndustry.fashion\",\"description\":\"Fashion news, insights, podcasts and events for professionals from across the fashion sector.\",\"publisher\":{\"@id\":\"https:\/\/www.theindustry.fashion\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.theindustry.fashion\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.theindustry.fashion\/#organization\",\"name\":\"TheIndustry.fashion\",\"url\":\"https:\/\/www.theindustry.fashion\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.theindustry.fashion\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/2022\/06\/LOGO.png\",\"contentUrl\":\"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/2022\/06\/LOGO.png\",\"width\":585,\"height\":217,\"caption\":\"TheIndustry.fashion\"},\"image\":{\"@id\":\"https:\/\/www.theindustry.fashion\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/theindustryfashion\/\",\"https:\/\/twitter.com\/theindustryfash\",\"https:\/\/www.instagram.com\/theindustryfashion\/\",\"https:\/\/www.linkedin.com\/company\/10970016\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.theindustry.fashion\/#\/schema\/person\/51e852c318a89ff85ed5343f5417e668\",\"name\":\"Sophie Smith\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.theindustry.fashion\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/c7ad170e02ea73e9fde090ec8bd1fbbe?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/c7ad170e02ea73e9fde090ec8bd1fbbe?s=96&d=mm&r=g\",\"caption\":\"Sophie Smith\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"LVMH revenues boosted by 'record' sales at fashion superbrands - TheIndustry.fashion","description":"LVMH\u00a0has reported revenue growth of 23% to \u20ac79.1 billion for 2022, with the fashion and leather goods segment reaching \"record\" levels.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.theindustry.fashion\/lvmh-revenues-boosted-by-record-sales-at-fashion-superbrands\/","og_locale":"en_GB","og_type":"article","og_title":"LVMH revenues boosted by 'record' sales at fashion superbrands - TheIndustry.fashion","og_description":"LVMH\u00a0has reported revenue growth of 23% to \u20ac79.1 billion for 2022, with the fashion and leather goods segment reaching \"record\" levels.\u00a0","og_url":"https:\/\/www.theindustry.fashion\/lvmh-revenues-boosted-by-record-sales-at-fashion-superbrands\/","og_site_name":"TheIndustry.fashion","article_publisher":"https:\/\/www.facebook.com\/theindustryfashion\/","article_published_time":"2023-01-27T09:30:24+00:00","article_modified_time":"2023-01-27T18:16:41+00:00","og_image":[{"width":1920,"height":1080,"url":"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/2023\/01\/LVMH-Louis-Vuitton.jpg","type":"image\/jpeg"}],"author":"Sophie Smith","twitter_card":"summary_large_image","twitter_creator":"@theindustryfash","twitter_site":"@theindustryfash","twitter_misc":{"Written by":"Sophie Smith","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.theindustry.fashion\/lvmh-revenues-boosted-by-record-sales-at-fashion-superbrands\/#article","isPartOf":{"@id":"https:\/\/www.theindustry.fashion\/lvmh-revenues-boosted-by-record-sales-at-fashion-superbrands\/"},"author":{"name":"Sophie Smith","@id":"https:\/\/www.theindustry.fashion\/#\/schema\/person\/51e852c318a89ff85ed5343f5417e668"},"headline":"LVMH revenues boosted by 'record' sales at fashion superbrands","datePublished":"2023-01-27T09:30:24+00:00","dateModified":"2023-01-27T18:16:41+00:00","mainEntityOfPage":{"@id":"https:\/\/www.theindustry.fashion\/lvmh-revenues-boosted-by-record-sales-at-fashion-superbrands\/"},"wordCount":280,"commentCount":0,"publisher":{"@id":"https:\/\/www.theindustry.fashion\/#organization"},"keywords":["Celine","Christian Dior","FENDI","Loewe","Louis Vuitton","Luxury","LVMH","Marc Jacobs","Sephora"],"articleSection":{"0":"Finance","2":"News &amp; Insight"},"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.theindustry.fashion\/lvmh-revenues-boosted-by-record-sales-at-fashion-superbrands\/#respond"]}],"copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/www.theindustry.fashion\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.theindustry.fashion\/lvmh-revenues-boosted-by-record-sales-at-fashion-superbrands\/","url":"https:\/\/www.theindustry.fashion\/lvmh-revenues-boosted-by-record-sales-at-fashion-superbrands\/","name":"LVMH revenues boosted by 'record' sales at fashion superbrands - TheIndustry.fashion","isPartOf":{"@id":"https:\/\/www.theindustry.fashion\/#website"},"datePublished":"2023-01-27T09:30:24+00:00","dateModified":"2023-01-27T18:16:41+00:00","description":"LVMH\u00a0has reported revenue growth of 23% to \u20ac79.1 billion for 2022, with the fashion and leather goods segment reaching \"record\" levels.\u00a0","breadcrumb":{"@id":"https:\/\/www.theindustry.fashion\/lvmh-revenues-boosted-by-record-sales-at-fashion-superbrands\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.theindustry.fashion\/lvmh-revenues-boosted-by-record-sales-at-fashion-superbrands\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.theindustry.fashion\/lvmh-revenues-boosted-by-record-sales-at-fashion-superbrands\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.theindustry.fashion\/"},{"@type":"ListItem","position":2,"name":"LVMH revenues boosted by 'record' sales at fashion superbrands"}]},{"@type":"WebSite","@id":"https:\/\/www.theindustry.fashion\/#website","url":"https:\/\/www.theindustry.fashion\/","name":"TheIndustry.fashion","description":"Fashion news, insights, podcasts and events for professionals from across the fashion sector.","publisher":{"@id":"https:\/\/www.theindustry.fashion\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.theindustry.fashion\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/www.theindustry.fashion\/#organization","name":"TheIndustry.fashion","url":"https:\/\/www.theindustry.fashion\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.theindustry.fashion\/#\/schema\/logo\/image\/","url":"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/2022\/06\/LOGO.png","contentUrl":"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/2022\/06\/LOGO.png","width":585,"height":217,"caption":"TheIndustry.fashion"},"image":{"@id":"https:\/\/www.theindustry.fashion\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/theindustryfashion\/","https:\/\/twitter.com\/theindustryfash","https:\/\/www.instagram.com\/theindustryfashion\/","https:\/\/www.linkedin.com\/company\/10970016\/"]},{"@type":"Person","@id":"https:\/\/www.theindustry.fashion\/#\/schema\/person\/51e852c318a89ff85ed5343f5417e668","name":"Sophie Smith","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.theindustry.fashion\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/c7ad170e02ea73e9fde090ec8bd1fbbe?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c7ad170e02ea73e9fde090ec8bd1fbbe?s=96&d=mm&r=g","caption":"Sophie Smith"}}]}},"_links":{"self":[{"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/posts\/224893"}],"collection":[{"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/users\/100"}],"replies":[{"embeddable":true,"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/comments?post=224893"}],"version-history":[{"count":16,"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/posts\/224893\/revisions"}],"predecessor-version":[{"id":224924,"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/posts\/224893\/revisions\/224924"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/media\/224913"}],"wp:attachment":[{"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/media?parent=224893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/categories?post=224893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/tags?post=224893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}