LVMH Reports Revenue of €42.2 Billion EUR in First Half of 2023

LVMH Moët Hennessy Louis Vuitton reported revenue of €42.2 billion EUR in the first half of 2023, marking a 15% increase from the parent company's half-year figures in 2022.The company, which is headquartered in Paris and houses luxury labels including Louis Vuitton, Christian Dior and Tiffany & Co., among others, saw its sales increase by 22% across Europe, compared to the same period last year. Revenues in Asia, excluding Japan, also heavily contributed to LVMH's sky-high revenue, and overa...