LVMH FY2022 Revenue Up 17% YOY to Record High
- Chaileedo Press
- Jan 29, 2023
- 3 min read
Updated: Feb 3, 2023
LVMH in its 2022 financial report specifically mentioned its fragrance division rose including Dior Sauvage series in the world is still in the leading position.
On January 26, the luxury house LVMH released its full-year 2022 financial results. In 2022, the LVMH group achieved annual revenue of 79 billion euros (about $85.9 billion), up 17% compared to an annual avenue of 64 billion euros (about $69.6 billion) in 2021.
By geography, revenues rose significantly in Europe, the United States and Japan, up 35%, 15% and 31% respectively, benefiting from strong demand from local customers and a recovery in international travel. Revenue performance in Asia outside of Japan was flat compared to 2021, but still represents the largest share of overall revenue at 30%.
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