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Fashion and Leather Goods Push LVMH to 10% Revenue Gain in First Quarter

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Led by its Fashion and Leather Goods business group, LVMH Moët Hennessy Louis Vuitton saw its revenue jump double digits in the first quarter. The luxury leader reported a 10 percent revenue increase to 10.85 billion euros ($13.37 billion) for the first quarter compared to the same period a year earlier. Organic growth, which includes…

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