With China processing the reopening, the luxury-goods maker looks set for a strong 2023. LVMH revenue could increase in excess of 15%, with the biggest contributions coming from wines and spirits, perfume and cosmetics, and retail (DFS, Sephora). In addition, the company’s peer-leading fashion and leather goods unit demonstrates that consumer demand isn’t being rattled by price increases.
LVMH
12/01/2023
