LVMH sales soar as luxury goods come roaring out of pandemic
Luxury goods conglomerate LVMH has steamed ahead in its second quarter, driven by soaring sales of Louis Vuitton handbags and Moët & Chandon champagne.
The luxury group, controlled by billionaire Bernard Arnault, benefited in its second quarter from strong demand from customers in both the US and China.
Sales for the period hit €14.7bn (£12.5bn) – 14% higher than the same period in 2019 before the pandemic.
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