LVMH, the world’s main luxury conglomerate, missed gross sales
Top Quality Duplicate Bags: Finest Knockoff Louis Vuitton Handbags 2019
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Recent sales figures underline just how far demand for luxury mega-brands has fallen from its post-pandemic highs. In July, some of the industry’s biggest gamers reported disappointing revenues for the second consecutive quarter. LVMH, the world’s main luxury conglomerate replica bags, missed gross sales estimates, whereas Gucci’s parent company Kering, skilled a decline of 11%. Other major manufacturers like Richemont and Burberry additionally reported disappointing figures, with first-quarter gross sales plummeting by a staggering 20%.
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