LV, Moet's profits, sales surge in Q2

PARIS: LVMH, the world's leading maker of luxury goods, said that sales and profits had bounced back strongly in the first six months of 2021 as demand soared after the pandemic-induced slump last year.

LVMH, whose brands include Moet and Louis Vuitton, said its first-half profit had gained substantially from the level in 2019 and was far above the first half of 2020 that was marred by lockdowns worldwide.