LVMH enjoys 'excellent' first half

By Agence France-Presse

Jul 27, 2023 12:16 am

PARIS: LVMH, the world's top luxury group, said on Tuesday it enjoyed an excellent first half with net profits soaring by 30 percent to 8.48 billion euros ($9.34 billion), thanks to strong growth in Asia and Europe.

Sales at the group, whose brands include Louis Vuitton, Dior and Tiffany, rose 15 percent during the January-June period compared with last year, to hit 42.2 billion euros.

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