LVMH Moet Hennessy Louis Vuitton SE operates in the Women's & misses' suits and coats sector.
In addition to historical fundamental analyses, the complete report available to purchase compares LVMH Moet Hennessy Louis Vuitton SE with three other
womens apparel manufacturers in Europe:
SMCP SA
(2020
sales of 873.00 million Euros [US$1.03 billion]
of which 47%
was Sandro),
Christian Dior SE
(44.65 billion Euros [US$52.78 billion]
of which 47%
was Fashion and Leather Goods), and
OVS SpA
which is
based in ITALY
(1.37 billion Euros [US$1.63 billion]
of which 81%
was OVS).
Sales Analysis.
Sales were up sharply during the second
quarter of 2021 versus the previous year's second quarter.
During the second
quarter of 2021, sales at LVMH Moet Hennessy Louis Vuitton SE totalled
14.71 billion Euro.
This is
an increase of 88.6%
from the 7.80 billion Euro in sales at the company during the second quarter of 2020.
This was the biggest same quarter rise in sales at LVMH Moet Hennessy Louis Vuitton SE in the previous 33 quarters.
During the first two
quarters of 2021, sales totalled 28.67 billion Euro, which is
55.8% higher
than through the first two quarters of 2020.
Sales at LVMH Moet Hennessy Louis Vuitton SE appear to have some seasonality: during each of the previous 8
years, sales have been highest during the fourth quarter, which has accounted for
between 28.5% and 32.0%
of the annual
sales.
LVMH Moet Hennessy Louis Vuitton SE reported sales of 44.65 billion Euro (US$52.78 billion)
for the
year ending
December of 2020.
This
represents
a
decrease of 16.8%
versus 2019, when the company's sales were 53.67 billion Euro.
Contributing to the drop in overall sales was the 31.4% decline
in Selective Retailing, from 14.74 billion Euro to 10.12 billion Euro.
There were also decreases in sales in
Fashion and Leather Goods (down 4.5% to 21.17 billion Euro)
and
Wine and Spirits (down 14.5% to 4.74 billion Euro)
and
Perfumes and Cosmetics (down 22.3% to 4.46 billion Euro)
and
Watches and Jewelry (down 22.7% to 3.32 billion Euro)
and
Other and Holdings (down 29.2% to 849.00 million Euro)
.