Luxury conglomerate LVMH records year of two halves

Dior Boutique

LVMH reported an overall decline in revenues for 2020 but the final quarter showed signs of promise for the coming year.

The luxury retailer, which owns brands including Louis Vuitton, Dior, and Moët, reported sales of €44.7bn (£39.5bn) in 2020, down 17% year on year.

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