Luxury looks homeward as COVID curtails travel Today 05:51 am JST Today | 06:45 am JST PARIS The luxury sector has flashed back from the COVID-19 pandemic but the crisis is still putting a crimp in travel, a key part of the market. Industry giants have reported results that show the world's well-heeled are splurging on luxury goods as sales surpass even pre-pandemic levels. LVMH -- home to Louis Vuitton, Moet, Fendi, and Kenzo brands among others -- saw first-half sales climb by 11 percent above their pre-pandemic level to 28.7 billion euros (34.1 billion) as it reported a profit of 5.3 billion euros, a whopping 64 percent increase from 2019.