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France 24

Business

Solange MOUGIN

Luxury giant LVMH enjoys best year yet despite post-Covid downturn

LVMH Luxury Elon Musk King Charles III Lawsuit

BUSINESS DAILY © FRANCE 24

French luxury goods giant LVMH is not feeling the post-Covid pinch. The group has released its figures for 2022, which show revenue just below the bar of €80 billion. Meanwhile, shipments of smartphones have dropped to a near-decade low. Finally, we find out about a lawsuit that involves King Charles III and Elon Musk.

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