Located in the Louis Vuitton store in San Diego, California.
Kevin Carter | Getty Picture News | Getty Image
The largest luxury company in the world LVMH On Tuesday, the annual sales exceeded expectations, which is the strongest signs Potential turnover High -end departments.
Louis Vuitton, MoëT & Chandon and Hennessy’s brand owners’ income of 8.68 billion euros (US $ 88.27 billion) in 2024, while LSEG analyst’s 84.38 billion euros.
The company said that the number of numbers throughout the year is equal to the organic growth of the previous year.
Since the fourth quarter of December, sales have exceeded expectations since the fourth quarter of December.
“In 2024, in an uncertain environment, LVMH showed strong toughness. This ability to spend the storm during a high turbulent period-in many cases in the history of the group, it has explained this Prove the power and correlation of our strategy, Arnault, chairman and CEO of “Bernard” LVMH, said in a statement.
French luxury giants are regarded as the leading position of a broader luxury industry. In recent years, due to China’s sales and a wider macroeconomic backwind, it has faced tremendous pressure in recent years.
Luxury stocks are the buoyancy of Cartier owners earlier this month Richmont With the holiday shopping period, consumers returned to the store and reported on the quarter sales figures of “the highest in history”. British Fashion House Burberry On Friday, due to the continuous strategic repair, the sales in the third quarter of the fiscal sales were shallow.
However, Jefferies analysts said in a comment on Monday that the results of the LVMH results will provide “better luxury trend indicators”, including wine and liquor, in view of a comment on Monday. Fashion and leather, watches and jewelry, and cosmetics and perfumes.
LVMH’s stocks are gradually growing by about 18 %, falling more than 13 % in 2024. Earlier this month, the group surpassed the Danish pharmaceutical giant Novo nordisk Re -obtain the title of the most valuable company in Europe.
