Revenue of LVMH 2008-2024

Moët Hennessy Louis Vuitton (LVMH) is one of the world’s leading luxury groups, parent to 75 luxury houses. Over the past decade, LVMH enjoyed ever-increasing global revenue, reaching over 53 billion euros in 2019. In 2024, the group reached a figure of nearly 85 billion euros in revenue, a decrease of about 1.7 percent compared to the year prior. 

Louis Vuitton

LVMH operates in five main luxury segments: fashion and leather goods, wines and spirits, watches and jewelry, perfumes and cosmetics, and selective retailing. Of these, fashion and leather goods generate the highest sales revenue, with 2024 returning over 41 billion euros. Needless to say, Louis Vuitton drives the group’s fashion business. The luxury brand, which celebrated its 200th anniversary in 2021, has currently the highest brand value among the world’s leading luxury companies.

Tiffany & Co. acquisition

LVMH has an impressive portfolio of luxury Maisons including Christian Dior, Givenchy, Fendi, and Marc Jacobs, among others. In 2020, when the luxury industry was still reeling from the impact of the pandemic, LVMH acquired the iconic jewelry retailer Tiffany & Co. in a decisive move to strengthen its jewelry business. Other jewelry brands operating under LVMH include Chamet, Bulgari, and Fred.