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COP28: Chalhoub Group, LVMH, Emaar Malls, Majid Al Futtaim, and Aldar Properties announce the creation of a unique alliance dedicated to sustainability

COP28: Chalhoub Group, LVMH, Emaar Malls, Majid Al Futtaim, and Aldar Properties announce the creation of a unique alliance dedicated to sustainability
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Agreement between Belmond and Cipriani

/PRNewswire/ Belmond, an LVMH Maison, and the Cipriani family announce that they have reached an agreement which puts an end to all litigations between them.

LVMH: Growth continues at the same pace

Paris, October 12, 2021 LVMH Moët Hennessy Louis Vuitton, the world's leading luxury products group, recorded revenue of 44.2 billion euros in the first nine months of 2021, up 46% compared to 2020.

LVMH showed good resilience against the pandemic crisis in 2020

th, 2021 LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of 44.7 billion euros in 2020, down 17%. Organic revenue declined 16% compared to 2019. LVMH showed good resilience in 2020 in an economic environment severely disrupted by the serious health crisis that led to the suspension of international travel and the closure of the Group s stores and manufacturing sites in most countries over a period of several months. With an organic revenue decline of only 3% in the fourth quarter, the Group saw a significant improvement in trends in all its activities compared to the first nine months of 2020. Fashion & Leather Goods in particular, enjoyed a remarkable performance, with double-digit growth in both the third and fourth quarters. While Europe is still affected by the crisis, the United States saw a good recovery and Asia grew strongly.

Investegate |LVMH Announcements | LVMH: LVMH showed good resilience against the pandemic crisis in 2020

LVMH showed good resilience against the pandemic crisis in 2020 Paris, January 26 th, 2021 LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of 44.7 billion euros in 2020, down 17%. Organic revenue declined 16% compared to 2019. LVMH showed good resilience in 2020 in an economic environment severely disrupted by the serious health crisis that led to the suspension of international travel and the closure of the Group s stores and manufacturing sites in most countries over a period of several months. With an organic revenue decline of only 3% in the fourth quarter, the Group saw a significant improvement in trends in all its activities compared to the first nine months of 2020. Fashion & Leather Goods in particular, enjoyed a remarkable performance, with double-digit growth in both the third and fourth quarters. While Europe is still affected by the crisis, the United States saw a good recovery and Asia grew strongly.

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