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With 15% of its shops located in airports and duty-free stores, the Italian brand is more dependent than other top luxury marques on purchases made on the move. For rivals Chanel and Louis Vuitton ...

2017 Record results - LVMH

LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €42.6 billion in 2017, an increase of 13% over the previous year. Organic revenue growth was 12%. All business groups recorded double-digit organic growth with the exception of Wines and Spirits, whose growth in the second half was limited by ...

Before COVID-19, Bernard Arnault's net worth was soaring but the forced closure of retail stores and record job losses wiped out almost 50% of his personal wealth.

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Nov 18, 2020 · FILE - In this Monday, Nov. 25, 2019 file photo, pedestrians pass a Louis Vuitton shop window in London. Sales of luxury apparel, jewelry and beauty products are set to …

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Duty-free shop - Wikipedia

History. Brendan O'Regan established the world's first duty-free shop at Shannon Airport in Ireland in 1947; it remains in operation today. Designed to provide a service for trans-Atlantic airline passengers typically travelling between Europe and North America whose flights stopped for refuelling on outbound and inbound legs of their journeys, it was an immediate success and has been copied ...


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