LVMH: Sales soar at luxury firm owned by world's richest man Bernard Arnault
"In an uncertain geopolitical and economic context, LVMH remains both vigilant and confident at the start of the year," they said.
"The group will continue to pursue its strategy focused on the development of its brands, driven by a sustained policy of innovation and investment as well as by a constant quest for quality in its products, their desirability and their distribution." In January, the luxury goods company recorded total revenue of €79.2bn in 2022 and profit of €21.1bn , both up 23% on 2021's figures and a new record for the group.
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