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Luxury group LVMH records 23 percent growth in revenue and profit

Luxury conglomerate LVMH Moët Hennessy Louis Vuitton recorded revenue of 79.2 billion euros in 2022 and profit from recurring operations of 21.1 billion euros, both up 23 percent. The company said in a statement that all business groups under its portfolio achieved significant organic revenue growth. Fashion & leather goods reported organic...

Jan 27, 2023