
LVMH Fashion Revenues Drop 5%, Signaling Troubles Ahead In The Luxury Market
Milan, Italy – April 27, 2024: Louis Vuitton store sign in Galleria Vittorio Emanuele II in Milan. … More Iconic luxury brand in elegant shopping gallery getty LVMH just delivered a blow to investors in first quarter earnings. Organic revenues dropped 3%, from $23.4 billion (€20.7 billion) same period last year to $23 billion (€20.3…