LVMH and Sephora dazzle with 25% retail growth in 2023.

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Artur Stańczuk
January 29, 2024
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Summary:

LVMH's "exceptional" 2023, led by Sephora, saw a 9% rise in revenue to €86.2B. Sephora, the star performer, significantly contributed to the 25% growth in Selective Retailing, reaching €17.9B. This surge was particularly notable in North America, Europe, and the Middle East... as well as Alibaba.

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