As Gen Z Gains Spending Power, Luxury Brands Go Big with Digital
Retail TouchPoints
AUGUST 18, 2022
During its July 26, 2022 earnings release, LVMH reported revenue of approximately $37.3 billion , which is a 28% increase compared to the same period in 2021. These luxury houses remained healthy over the first half of 2022 while they also embraced virtual components to enhance their businesses. UK and Europe by late 2022.
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