LVMH Moët Hennessy Louis Vuitton SE, a prominent player in the luxury goods industry, has released a breakdown of its net sales by product category.
The fashion and leather goods segment is the largest contributor, accounting for 48.9% of sales and featuring well-known brands like Louis Vuitton, Kenzo, and Fendi.
Watches and jewelry make up 12.8% of sales and include luxury names such as Bulgari and Tiffany.
Perfumes and cosmetics contribute 9.6% of sales and feature brands like Christian Dior and Guerlain.
The wines and spirits category, which includes leading champagne and cognac brands, represents 7.7% of sales.
Additionally, 21% of revenue comes from selective distribution channels, including Sephora and DFS.
LVMH plans to expand its global network of stores to 6,097 by the end of 2023.
Geographically, the company's net sales are distributed with 25.3% from the United States, 30.8% from Asia, and 16.4% from Europe, with contributions from France and Japan.
LVMH's strong international presence highlights its position as a major player in the luxury market, with a strategic focus on expanding its reach across different regions.