PARIS — LVMH Moët Hennessy Louis Vuitton's key fashion and leather goods division broke its losing streak in the second quarter, in a signal that demand for luxury goods is recovering after two years of sluggish sales.
The French luxury goods giant said organic sales for the unit, which includes Louis Vuitton, Dior and Loro Piana, rose 1 percent to 9.01 billion euros in the three months to June 30, following seven consecutive quarters of declines.
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The French luxury goods giant said organic sales for the unit, which includes Louis Vuitton, Dior and Loro Piana, rose 1 percent to 9.01 billion euros in the three months to June 30, following seven consecutive quarters of declines.
More from WWD
Why Back-to-school Could be Critical for Hoka
Hoka Leads Deckers' $1B First Quarter Performance After Earnings Beat
#louis #luxury #hennessy
3 months ago
