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.
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.
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.
US-Traditionsjuwelier Tiffany kommt in französische Hände finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
The best champagne and sparkling wine to buy for the holidays
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The holiday season is the perfect time for bubbles.Dave Rossman, Contributor / ContributorShow MoreShow Less
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Tiny bubbles have gotten us through plenty of hard times over the past couple of centuries and 2020 will be no exception, COVID-19 notwithstanding. Because our tasting panel hasn’t been able to convene since early March, the sparkling wines recommend today are individual taster’s touts, but I’ve relied upon scores from high-profile critics to single out the best of the best.
Champagne
19.4 (9.4 for quality, 10 for value)
Taster’s take: “On the palate, very complex, toasty flavors, highlighted by pear, with hints of walnuts. Long, rich, yet amazingly balanced finish.”