LVMH profits and sales grow in ‘another historic year’ for Sephora

Sephora Make up

Luxury goods conglomerate LVMH reported a surge in sales and profits as beauty giant Sephora delivered an “exceptional performance” for the full year 2023.

LVMH posted a rise of 8% in net profit to €15.1bn (£12.89bn) while total sales grew 13% to €86.2bn (£73.56bn) compared to 2022.

 

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