Louis Vuitton, Christian Dior propel French luxurious co LVMH’s Q3 progress


Exceptional efficiency throughout the Louis Vuitton and Christian Dior manufacturers has led LVMH report a 40 per cent gross sales progress of €44.1 billion through the third quarter (Q3) of FY21 resulted in September 2021, over the identical interval of prior 12 months. Style and leather-based items section expanded 53 per cent through the nine-month interval to €21.3 billion (FY20: €13.9 billion).

 

Exceptional efficiency throughout the Louis Vuitton and Christian Dior manufacturers has led LVMH report a report 40 per cent gross sales progress of €44.1 billion within the third quarter (Q3) of FY21 resulted in September 2021, over the identical interval of prior 12 months. Style and leather-based items section expanded 53 per cent through the nine-month interval to €21.3 billion (€13.9 billion).

Regionally, the US and Asia (excluding Japan) had been the highest contributors to the entire income with 25 per cent and 36 per cent respectively. Contribution from Europe was 15 per cent, whereas France’s stood at 6 per cent in Q3.

 

Exceptional efficiency throughout the Louis Vuitton and Christian Dior manufacturers has led LVMH report a report 40 per cent gross sales progress of €44.1 billion within the third quarter (Q3) of FY21 resulted in September 2021, over the identical interval of prior 12 months. Style and leather-based items section expanded 53 per cent through the nine-month interval to €21.3 billion (€13.9 billion).

In line with the French luxurious merchandise group, the newest vogue exhibits in Athens and Paris, which highlighted the inspiring collections of Maria Grazia Chiuri, obtained an impressive reception. Following its huge success in Paris, London and Shanghai, the Christian Dior, Designer of Goals exhibition opened in New York. 

 

Exceptional efficiency throughout the Louis Vuitton and Christian Dior manufacturers has led LVMH report a report 40 per cent gross sales progress of €44.1 billion within the third quarter (Q3) of FY21 resulted in September 2021, over the identical interval of prior 12 months. Style and leather-based items section expanded 53 per cent through the nine-month interval to €21.3 billion (€13.9 billion).

Furthermore, at Fendi, Kim Jones’ first assortment was efficiently rolled out in shops, whereas Celine loved robust progress in its ready-to-wear and leather-based items traces created by Hedi Slimane. Loewe and Marc Jacobs additionally carried out nicely through the quarter.

 

Exceptional efficiency throughout the Louis Vuitton and Christian Dior manufacturers has led LVMH report a report 40 per cent gross sales progress of €44.1 billion within the third quarter (Q3) of FY21 resulted in September 2021, over the identical interval of prior 12 months. Style and leather-based items section expanded 53 per cent through the nine-month interval to €21.3 billion (€13.9 billion).

LVMH’s selective retailing enterprise surged 9 per cent to €7.8 billion (€7.1 billion) with Sephora returning to its 2019 degree of exercise regardless of the powerful business setting, marked by the closure of a number of shops throughout a part of the 12 months. On-line income for the section reported robust progress all through the world.

 

Exceptional efficiency throughout the Louis Vuitton and Christian Dior manufacturers has led LVMH report a report 40 per cent gross sales progress of €44.1 billion within the third quarter (Q3) of FY21 resulted in September 2021, over the identical interval of prior 12 months. Style and leather-based items section expanded 53 per cent through the nine-month interval to €21.3 billion (€13.9 billion).

“Along with its personal shops, Sephora expanded its distribution within the US with its first Magnificence areas inside Kohl’s shops.  After signing a partnership with the European on-line platform Zalando, Sephora acquired the British on-line distributor Feelunique, which specialises in status magnificence. The growth of its community continued in Asia, notably in China,” the corporate stated.

Fibre2Fashion Information Desk (JL)

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