LVMH Organic Sales Rise 11% in Q3, Stable Versus H1 - NewsBreak

Click here to read the full article. PARIS – French luxury conglomerate LVMH Moët Hennessy Louis Vuitton maintained its strong momentum in the third quarter, fueled by double-digit growth in the United States and Asia. The parent company of brands including Fendi, Guerlain, Sephora and Tiffany & Co. reported Tuesday that revenues totaled 15.51 billion euros in the three months to Sept. 30, up 11 percent in organic terms versus 2019, considered a more reliable benchmark due to the disruptions caused by the coronavirus pandemic last year. More from WWDFront Row at Louis Vuitton RTW Spring 2022Louis Vuitton RTW Spring 2022Jurnee Smollett's...