Home New Look 2015 French fashion firm LVMH’s revenue rises 3% in Q1 FY24

French fashion firm LVMH’s revenue rises 3% in Q1 FY24

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LVMH reported a Q1 FY24 revenue of €20.7 billion (approximately $21.97 billion), with a 3 per cent organic growth.
Strong gains in Europe, the US, and Japan, along with robust Chinese spending, boosted figures.
The fashion and leather goods segment grew 2 per cent to €10.490 billion, while selective retailing surged 11 per cent to €4.175 billion.LVMH reported a Q1 FY24 revenue of €20.7 billion (approximately $21.97 billion), with a 3 per cent organic growth.
Strong gains in Europe, the US, and Japan, along with robust Chinese spending, boosted figures.
The fashion and leather goods segment grew 2 per cent to €10.490 billion, while selective retailing surged 11 per cent to €4.175 billion.