• Home
  • Tags
  • Moet Hennessy Louis Vuitton

Moet Hennessy Louis Vuitton news and archive

Member
Business

LVMH reports revenue and profit decline

Weaker demand for wines and spirits and fashion resulted in a decline in revenue and profit for luxury group LVMH in the first half of the year. Revenue fell by 4 percent to 39.8 billion euros, as announced by the company on Thursday in Paris. Trade tensions between key markets, the US and China, impacted demand in the wines and spirits...

loading...

FeaturedMember
Business

LVMH introduces blockchain to prevent luxury counterfeits

LVMH Moët Hennessy Louis Vuitton is working to solve the global problem of counterfeited luxury goods. The luxury group has launched AURA, the first international blockchain made to help consumers trace the and authenticity of luxury goods. The AURA platform was developed through Microsoft and blockchain software company ConsenSys. Multiple LVMH...

loading...