As it has signalled 'Cosmetics Business' LVMH registered a remarkable increase in the number of sales in the past 2022.
The conglomerate of luxury and fashion has seen as it has increased in 23% his profits until reaching the 79.2 trillion euros in sales and the 21.1 trillion euros in profits.
From the group, indicate that Europe, United States and Japan increased considerably and have known to benefit of the strong and increasing demand of the local customers.
In fact, they have stood out the importance of Sephora in this increase and in the results of this last economic exercise that has positioned the retailer like world-wide leader in the distribution of products of beauty.
In the division of 'Perfumes and Cosmetic', LVMH has obtained a greater figure to the previous in question of income: specifically 26% in 2022. The recurrent sales also grew in 48% thanks to the backstitch of activity in his shops. This impulse, as it has done to know the company has given in the zones that have appointed previously and also in the Sudeste Asian. "SAnd made more investments in the strategy omnicanal of Sephora to improve continuously the experience of purchase of his customers so much on line as in the shop. The network followed expanding notably thanks to the alliance with Kohl's in United States", indicate in a press release.