Section

French luxury giant LVMH half-year net profit drops 14%

By Inquirer - 4 months ago
Paris, France — The world’s largest luxury group, LVMH, said Tuesday its half-year net profit slid 14 percent amid an uncertain geopolitical and economic environment. The drop in profit to 7.26 billion euros ($7.88 billion) was accompanied by a one-percent dip in sales to 41.68 billion euros by the group whose brands include Louis Vuitton,

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.