How much does LVMH make a year?

How much does LVMH make a year?

2021 Q3 Revenue LVMH, the world’s leading luxury products group, gathers 75 prestigious brands, with 44.7 billion euros revenue in 2020 and a retail network of over 5,000 stores worldwide.

How much is LVMH debt?

Total Assets

Jun 2021
Cash & Short-Term Investment 20.72 B
Total Debt 37.48 B
Total Liabilities 69.84 B
Total Shareholder’s Equity 37.41 B

Is LVMH doing well?

Group share of net profit amounted to 4.7 billion euros, down 34%. Bernard Arnault, Chairman and Chief Executive Officer of LVMH, said: “LVMH showed remarkable resilience against the unprecedented health crisis the world experienced in 2020….LVMH showed good resilience against the pandemic crisis in 2020.

Euro millions Wines & Spirits
2019 1 729
2020 1 388
% change – 20 %

Who are the auditors of LVMH?

The following selected financial data for each of the last five fiscal years are derived from the consolidated financial statements of LVMH, which have been audited by Ernst & Young Audit, independent auditors.

What is Chanel’s revenue?

10.1 billion USD (2020)
Chanel/Revenue

What is Louis Vuitton’s revenue?

14 billion EUR (2020)
Louis Vuitton/Revenue

Who is the owner of LVMH?

Bernard Arnault
Bernard Arnault is Chairman and CEO of LVMH Moët Hennessy – Louis Vuitton, the world’s leading luxury products group. Born to an industrial family in Roubaix, France on March 5, 1949, Mr. Arnault attended the Roubaix lycée and the Faidherbe lycée in Lille. He then went on to study at the Ecole Polytechnique.

What is Chanel’s net worth?

The House of Chanel was founded by Gabrielle “Coco” Chanel in 1909. What is the net worth of Chanel? Chanel is worth $9 billion.

How is Bernard Arnault so rich?

The largest percentage of Bernard Arnault’s net worth is derived from his 97.4% stake in Christian Dior, a luxury fashion brand for men and women. He also has an 8.6% stake in Hermes and 1.9% of Carrefour. In 2018, LVMH had around $53 billion of revenue.

How many luxury brands are in LVMH group?

LVMH, the world’s leading luxury products group, gathers 75 prestigious brands, with 44.7 billion euros revenue in 2020 and a retail network of over 5,000 stores worldwide. No data for this period! No data for this period!

How many houses of LVMH are there in the world?

LVMH is home to 75 distinguished Houses rooted in six different sectors. True to tradition, each of our brands builds on a specialty legacy while keeping an unwavering focus on the exquisite caliber of its products.

What are the 5 different sectors of LVMH?

LVMH has a unique portfolio of prestigious brands in five different sectors: Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective retailing and Other activities.

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