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LVMH Sees Profits Tumble 84% in a First Half Crippled by Covid

Join us on January 26 at 11 am ET for a webinar with Lenzing, TextileGenesis and sustainable brand ArmedAngels for a discussion on how they’re using Fibercoin technology to realize traceability’s benefits to sustainability, brand loyalty and risk mitigation.

Luxury retail group LVMH Moët Hennessy Louis Vuitton saw its profits suffer a severe decline in the first half as the coronavirus pandemic crippled its business worldwide. In a Nutshell: While the half could have been better, it also probably could have been far worse. The public health crisis impacted the company’s revenue worldwide, and…

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