LVMH Jewellery & Watch Revenues +49% to €6.16 Billion In Jan-Sep 2021

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LVMH Jewellery & Watch Revenues +49% to €6.16 Billion In Jan-Sep 2021
Photo credit: © LVMH

Luxury goods purveyor LVMH Moët Hennessy Louis Vuitton said revenue from watches and jewellery from January through September 2021 soared 49% to €6.16 billion compared with 2020 and rose 4% versus 2019.

LVMH said, “Driven by the growing success of its iconic products, Tiffany enjoyed a remarkable performance, particularly in its major market, the United States. Bvlgari rolled out its new line of High Jewellery, Magnifica, and celebrated its Serpenti creations at the Metamorphosis exhibition in Milan.

“Chaumet, the first jeweller to have invested in 1812 on the legendary Place Vendôme in Paris, launched a new High Jewellery collection, Torsade, inspired by the movement of the frieze adorning the column of the Place.”

A Chaumet necklace being assembled in the workshop.

source: gjepc

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