Finances

Dior sales and the popularity of Loewe

Dior sales and the popularity of Loewe: Highlights from the report of the luxury empire LVMH

Luxury conglomerate LVMH, which owns brands such as Dior, Fendi, Louis Vuitton, Tiffany & Co. and others, published a report for the last three months - from June 30 to September 30. Watch and jewelery sales are up just 1% from 2019, when the conglomerate had yet to buy Tiffany & Co. The jewelry brand's revenue increased by 18% compared to the third quarter of 2020 of Tiffany & Co. "Have achieved remarkable results" in their primary market, the US. LVMH's revenues were €15.51 billion in the third quarter, up 11% on pre-pandemic 2019. Sales in the clothing and leather goods...

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