{"id":70573,"date":"2021-10-12T18:41:07","date_gmt":"2021-10-12T16:41:07","guid":{"rendered":"https:\/\/test2023.luxus-plus.com\/?p=70573"},"modified":"2021-10-12T18:41:07","modified_gmt":"2021-10-12T16:41:07","slug":"lvmh-continues-to-grow-on-the-stock-market","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/lvmh-continues-to-grow-on-the-stock-market\/","title":{"rendered":"LVMH continues to grow on the stock market"},"content":{"rendered":"<h4>The quarterly season begins in France with the results of the LVMH group. In the first nine months of 2021, the world&#8217;s leading luxury goods company saw its turnover increase by 46% compared to the previous year, with total sales amounting to 44.2 billion euros.<\/h4>\n<h4><!--more--><\/h4>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>The Group&#8217;s <strong>organic sales growth<\/strong> for the period is 40% compared to 2020. Compared to 2019, <strong>organic growth<\/strong> for the first nine months of 2021 was 11%, with trends in the third quarter comparable to those of the first half of the year, both by activity and by region.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Fashion and Leather Goods<\/strong> in particular achieved <strong>record levels<\/strong> over the period, with <strong>organic growth<\/strong> of 38% compared to the third quarter of 2019, and 57% for all sales in the first nine months of 2021<strong>. Louis Vuitton<\/strong> achieved a remarkable performance, driven by constant innovation and the quality of its products, while <strong>Christian Dior<\/strong> also showed very good momentum.<\/p>\n<p>&nbsp;<\/p>\n<p>In the Group&#8217;s other divisions, the <strong>wines and spirits<\/strong> business recorded <strong>organic sales growth<\/strong> of 30% in the first nine months of 2021 compared to the same period last year, as did<strong> perfumes and cosmetics<\/strong>. The<strong> watches and jewellery<\/strong> business recorded<strong> organic sales<\/strong> <strong>growth<\/strong> of 49% in the first nine months of 2021 compared to the same period in 2020.<\/p>\n<p>&nbsp;<\/p>\n<p>In a context of gradual emergence from the health crisis, the LVMH group says it is confident that current growth will continue, and has announced that it will maintain a strategy focused on the continued <strong>strengthening of the desirability<\/strong> of its brands, relying on the <strong>authenticity<\/strong> and <strong>quality<\/strong> of its products, the <strong>excellence<\/strong> of its distribution and the <strong>responsiveness<\/strong> of its organisation.<\/p>\n<p>&nbsp;<\/p>\n<p>LVMH is also counting on the <strong>dynamism<\/strong> of its brands and the <strong>talent<\/strong> of its teams to continue to strengthen its lead in the global luxury market.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Read Also &gt; L<a href=\"https:\/\/luxus-plus.com\/en\/lvmh-launches-a-vast-recruitment-plan-for-young-people\/\">VMH LAUNCHES A VAST RECRUITMENT PLAN FOR YOUNG PEOPLE<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Featured Photo : \u00a9 Getty Images<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The quarterly season begins in France with the results of the LVMH group. In the first nine months of 2021, the world&#8217;s leading luxury goods company saw its turnover increase by 46% compared to the previous year, with total sales amounting to 44.2 billion euros.<\/p>\n","protected":false},"author":1,"featured_media":70584,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"In the first nine months of 2021, the LVMH group saw its revenues grow by 46% compared to last year.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"none","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":301,"_seopress_analysis_target_kw":"LVMH,Stock Market,Results,Bernard Arnault,Fashion,Retail,Louis Vuitton,Christian Dior,Leather Good,Fragrance","footnotes":""},"categories":[24],"tags":[22419],"class_list":["post-70573","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-news-en"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/70573","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=70573"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/70573\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/70584"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=70573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=70573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=70573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}