LVMH Revenues Fall 1% To $45B In First Half Amid Negative Impact From Exchange Rate Fluctuations

This post was originally published on Forbes Middle East

Luxury goods giant LVMH posted a 1% year-on-year drop in revenue to $45.3 billion (EUR 41.7 billion) in the first half of 2024, attributing it to substantial negative impacts from exchange rate fluctuations alongside a tough economic environment.