Billionaire Bernard Arnault’s LVMH Soars To New Heights As Sales Hit Record $86 Billion

Billionaire Bernard Arnault’s LVMH Soars To New Heights As Sales Hit Record $86 Billion

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Luxury conglomerate LVMH Moët Hennessy Louis Vuitton—the owner of Christian Dior, Louis Vuitton and Tiffany—posted record revenue of €79.2 billion ($86 billion) in 2022, with profit jumping to €21.1 billion ($23 billion). Key drivers were the fashion brand portfolio and a rebound in international…

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