LVMH is upbeat about thriving in Asia's markets amid volatility
Asia represents almost one-third of LVMH's sales; it continues to promise and drive growth opportunities
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Singapore
TOP luxury brand, Moet Hennessy Louis Vuitton (LVMH), is thriving on the growth opportunities in Asia, especially in Japan, amid global economic volatility. These were part of the opening remarks at the inaugural LVMH-SMU (Singapore Management University) Luxury Research Conference on Monday.
The French group secured 37 per cent of its total revenue of 8.6 billion euros (S$13.1 billion) from the Asia continent during the first quarter of 2016, according to its financial report. This is also the largest share of its revenue.
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