A booming 2018 for LVMH: 46.8 billion in revenue; while Ferragamo hits the brakes in 2018: revenue down 3.4%
Leather goods are the engine that allows LVMH to hit a record. The French luxury conglomerate closed 2018 with 46.8 billion euro in revenue, which meant a 10% increaseon 2017’s numbers, while net revenue was up 21%, to a staggering 10 billion euro. Additionally, the group’s margins increased by 1.9%, bringing them to 21.4%. Net incomeincreased by 18%, equal to 6.3 […]
























