On July 28, according to media reports, LVMH (France's Moët Hennessy-Louis Vuitton Group) achieved revenues of 18.4 billion euros in the first half of 2020, down 27% year-on-year; recurring operating profit plunged 68% year-on-year to 1.671 billion euros.
Image from: Internet
Of note, the company"s wine and spirits brands were the least affected by the epidemic prevention and control, with revenue down 23%.
