On July 25th, French luxury conglomerate LVMH Group released its financial report for the first half of 2023. Subsequently, the group’s Chief Financial Officer, Jean-Jacques Guiony, Financial Communications Director, Christopher Hollis, and Deputy Director of Investor Relations, Rodolphe Ozun, attended an analyst conference call to interpret the latest performance.
During the past six months, a significant rebound in the Chinese market offset the decline in the US market, leading LVMH to achieve 17% organic growth, with sales revenue exceeding 40 billion euros.
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