LVMH Reports Strong First Quarter Despite Slowing Economy
LVMH Moët Hennessy Louis Vuitton reported Q1 2019 financial results, and the results should ease concerns about a slowing luxury market in China.
LVMH's Q1 2019 revenue was boosted by a 15 percent increase in fashion & leather goods sales. The company began incorporating sales from the Christian Dior brand in its earnings results in Q4 2018. Photo: Dior official website
LVMH's Q1 2019 revenue was boosted by a 15 percent increase in fashion & leather goods sales. The company began incorporating sales from the Christian Dior brand in its earnings results in Q4 2018. Photo: Dior official website