LVMH revenues surpass 2019 figure by 20 percent

LVMH Moët Hennessy Louis Vuitton recorded revenue of 64.2 billion euros in 2021, up 44 percent compared to 2020 and up 20 percent compared to 2019. Organic revenue growth was 36 percent compared to 2020 and 14 percent compared to 2019.

The company said in a release that the group’s organic revenue growth of 22 percent in the fourth quarter compared to 2019 reflects the accelerated growth of its activities. Fashion & leather goods notably recorded organic revenue growth of 51 percent compared to 2019.