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LVMH’s Fashion and Leather Goods Sales Gained 18% in Q4

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Reporting fourth-quarter and full-year results Tuesday, French luxury conglomerate LVMH Moët Hennessy Louis Vuitton says it’s “well equipped” to build on a hoped-for recovery in 2021 and “regain growth momentum” companywide. In a Nutshell: The luxury group also said it “enters 2021 with cautious confidence,” aiming to reinforce its global leadership position in luxury goods….

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