Brands

LVMH “cautiously confident” for 2017 after fiscal 2016’s momentum

LVMH “cautiously confident” for 2017 after fiscal 2016’s momentum

Luxury Daily
French luxury conglomerate Moët Hennessy Louis Vuitton ended fiscal 2016 with recorded revenue of €37.6 billion, or $40.2 million at current exchange rates, for an increase of 5 percent over the prior financial year.