LVMH is in a league of its own: +23% in 2022 and Vuitton reaches 20 billion

There is the luxury industry, where brands, groups and multinationals all challenge one another. Then there is LVMH, a conglomerate that seems to play in a league of its own and, proven by data, makes history by itself. The income statement published just days ago (for FY 2022 by the conglomerate proves it. Overall turnover:…