LVMH 2018 Report Billion Dollar Revenue Earnings Louis Vuitton Dior Increase Money Business
Akiharu Ichikawa/Hypebeast
Fashion

LVMH Made A Record-Breaking $53.4 Billion USD in Sales Revenue Last Year

The company made its biggest profit yet in 2018.

2,066 Hypes

LVMH Made A Record-Breaking $53.4 Billion USD in Sales Revenue Last Year

The company made its biggest profit yet in 2018.

In 2017, LVMH announced they made a record-breaking number of sales, and now the French multinational luxury goods conglomerate has revealed that the company made €46.8 billion EUR (approximately $53.4 billion USD) in 2018. The record-breaking number tops LVMH’s previous year by an incredible 18-percent.

According to reports, it was the big names like Louis Vuitton and Dior that lead to its strong earnings in 2018. The company has been seeing increased profits thanks to moves like appointing Virgil Abloh and Kim Jones in their respective positions, as well as Hedi Slimane‘s talked-about appointment at CELINE.

It remains to see what 2019 will hold for the label, and whether LVMH will be able to have yet another record-breaking year.

Read Full Article
Text By
Share this article

What to Read Next

Tyler, The Creator Teases His Latest GOLF le FLEUR* Release
Footwear

Tyler, The Creator Teases His Latest GOLF le FLEUR* Release

Peep the new “Industrial” colorway.
By
5,061 Hypes
UPDATE: Apple’s Latest FaceTime Update Comes With a Huge Bug
Culture

UPDATE: Apple’s Latest FaceTime Update Comes With a Huge Bug

The bug let’s you listen in on people you call.
By
5,093 Hypes
Drew House Is Finally Launching Its First Collection
Fashion

Drew House Is Finally Launching Its First Collection

Featuring everyday staples.
By
5,954 Hypes
Rihanna Shows Us Her Everyday Fenty Beauty Makeup Look
Beauty

Rihanna Shows Us Her Everyday Fenty Beauty Makeup Look

A step-by-step tutorial by the Bad Gal herself.
By
3,589 Hypes
Nike Reopens Its First-Ever Retail Space in California — Take a Look Inside
Culture

Nike Reopens Its First-Ever Retail Space in California — Take a Look Inside

You can visit the Santa Monica location now.
By
5,275 Hypes
Oreo Is Making a Crème-Scented "Stuf" Lip Balm
Beauty

Oreo Is Making a Crème-Scented "Stuf" Lip Balm

Created in collaboration with Taste Beauty.
By
78,750 Hypes
Find out How You Can Win Virgil Abloh's Louis Vuitton SS19 Prism Keepall
Fashion

Find out How You Can Win Virgil Abloh's Louis Vuitton SS19 Prism Keepall

The super-rare item will change your wardrobe.
By
82,291 Hypes
UPDATE: KITH Women's Glitter Hoodies and Sweatpants Get Official Drop Date
Fashion

UPDATE: KITH Women's Glitter Hoodies and Sweatpants Get Official Drop Date

Arriving sooner than you think.
By
15,603 Hypes
More ▾
 
Subscribe to our Newsletter

Keep updated on the latest news.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Looks like you’re using an ad-blocker

We charge advertisers instead of our readers. Support us by whitelisting our site.

Whitelist Us

Already whitelisted us? Refresh page

How to Whitelist Us

screenshot
  1. Click the AdBlock icon in the browser extension area in the upper right-hand corner.
  2. Under “Pause on this site” click “Always”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlock Plus icon in the browser extension area in the upper right-hand corner.
  2. “Block ads on – This website” switch off the toggle to turn it from blue to gray.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlocker Ultimate icon in the browser extension area in the upper right-hand corner.
  2. Switch off the toggle to turn it from “Enabled on this site” to “Disabled on this site”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the Ghostery icon in the browser extension area in the upper right-hand corner.
  2. Click on the “Ad-Blocking” button at the bottom. It will turn gray and the text above will go from “ON” to “OFF”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the UBlock Origin icon in the browser extension area in the upper right-hand corner.
  2. Click on the large blue power icon at the top.
  3. When it turns gray, click the refresh icon that has appeared next to it or click the button below to continue.
screenshot
  1. Click the icon of the ad-blocker extension installed on your browser.You’ll usually find this icon in the upper right-hand corner of your screen. You may have more than one ad-blocker installed.
  2. Follow the instructions for disabling the ad blocker on the site you’re viewing.You may have to select a menu option or click a button.
  3. Refresh the page or click the button below to continue.