The group, which includes brands such as Louis Vuitton, Dior, Celine, and Hennessy, may be showing signs that the struggling luxury goods sector is beginning to recover.
Read more Economists: industry showed better results than expected
LVMH reports earning 5.7 billion euros in net profit, despite a “geopolitical and economic environment that remained unstable, further worsened by the conflict in the Middle East.”