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China's inequality crackdown is bad news for LVMH, Kering, Hermès — Quartz qz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from qz.com Daily Mail and Mail on Sunday newspapers.
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. ....
Luxury looks homeward as COVID-19 curtails travel enca.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from enca.com Daily Mail and Mail on Sunday newspapers.
Luxury looks homeward as Covid curtails travel france24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from france24.com Daily Mail and Mail on Sunday newspapers.
Luxury looks homeward as Covid curtails travel omanobserver.om - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from omanobserver.om Daily Mail and Mail on Sunday newspapers.