Press release
Following the recent inaccurate comments made about LVMH’s business activities in China, the group makes the following clarifications: the Group’s business is showing very dynamic growth in this market. For example, Louis Vuitton, the group’s leading brand, has seen organic growth in recent months and weeks in China of over 30%. At this time, nothing indicates that this trend, owing to the exceptional attractiveness of Louis Vuitton’s products and local demand, will change in the coming months.
The LVMH group reiterates that its objective in this period of economic uncertainty is to win market share and to increase its growth in the global luxury goods market, as it has done during the economic crises seen in the last twenty years.
