You may not have heard of French multinational luxury goods conglomerate that is LVMH, however, you will have heard of the brands they own. In fact, the array of fashion houses and companies that are under their belt have recently raked in a record-breaking number of sales for 2018.
Specifically, with the help of Louis Vuitton, Dior, Rimowa, Marc Jacobs, Fendi, Hublot, Hennessy and many more, the umbrella company was able to bring in an incredible €43 billion through revenue. However, Louis Vuitton and Dior have been credited with some of the biggest sales increases, this is likely due to the surge of popularity Kim Jones and Virgil Abloh has brought to the scene through their large number of ventures.
I guess we will have to wait and see if this momentum is going to continue throughout 2019.
