LVMH Reports Strong Global Sales Across Diverse Luxury Product Categories

LVMH Moët Hennessy Louis Vuitton SE, the leading company in luxury goods, has released a sales breakdown for its various product categories.

Fashion and leather goods make up the largest portion of sales at 48.9%, featuring well-known brands like Louis Vuitton, Kenzo, and Fendi.

Watches and jewelry account for 12.7% of sales, showcasing luxury names such as Bulgari and Tiffany.

Perfumes and cosmetics contribute 9.6% of sales, with brands including Christian Dior and Guerlain.

Wines and spirits generate 7.7% of revenue, with popular products like Moët & Chandon champagne and Hennessy cognac leading the market.

The remaining 21% of sales come from selective distribution through chains like Sephora and DFS, as well as department stores like Le Bon Marché.

LVMH plans to expand its global network of stores to 6,097 by the end of 2023, with Asia accounting for 30.8% of sales, the United States for 25.3%, and Europe for 16.4%.

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