In the first quarter of 2023, LVMH said that growth benefited in part from a rapid and strong rebound in Chinese consumption.
On April 12, LVMH released its financial results for the first quarter of 2023. According to official figures, revenues of LVMH achieved €21.04 billion ($23.2 billion) for the three months ended 31 March, up 17% on the same period in 2022.
LVMH said that it had started the year well, although the geopolitical and economic environment remained uncertain.
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