In the first quarter of 2023, LVMH said that growth benefited in part from a rapid and strong rebound in Chinese consumption.

Recently, nearly six investors have recently submitted a letter of intent to buy 59.2% of the shares of Korean cosmetics group Able C&C.

Stephane Rinderknech, the new head of the LVMH beauty division, worked for more than 20 years at L'Oréal Group.