How Louis Vuitton Took Over Asia
发布时间 2022-07-14 23:00:02 来源
摘要
Moet Hennessy Louis Vuitton SE or LVMH is one of Europe's largest companies, with a market capitalization of $350 billion.
As of this writing, the company's co-founder and controlling shareholder Bernard Arnault is worth over $100 billion and is the third richest man in the world.
LVMH's fortunes have risen with the luxury boom in Asia - first in Japan and then China. In 2021, Asia including Japan delivered 26.7 billion euro of revenue - 60% more than the United States' 16.6 billion euro.
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