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Sales at the world's largest luxury brand jump on strong demand

Por: NBC News Business October 12, 2022

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French luxury goods giant LVMH beat market forecasts in the third quarter, posting a sharp rise in sales as wealthy shoppers splashed out on fashion and Americans in Europe made the most of the strong dollar. The world’s biggest luxury group, home to fashion brands such as Louis Vuitton and Dior, got an added boost from improved business in China as Covid-19 curbs eased. But it warned that sales at jeweler Tiffany & Co were slowing in the... + full article



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