COVID-19 Impact on LVMH Moët Hennessy – Louis Vuitton, 2022 Update
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"COVID-19 Impact on LVMH Moët Hennessy – Louis Vuitton, 2022 Update", reports key findings as of 28th July, 2022 based on market analysis and brand diversification by industry and geography.
Overall, the company has suffered in 2020 and first half of 2021 due to the COVID-19 outbreak, but it has several core strengths and a wide geographical presence to help it grow in the future, based on the latest available information.
Scope
– Widespread operations provided much-needed resilience to the company in dealing with partial lockdowns in 2022
– LVMH is actively investing in sustainability, direct to consumer, and social media themes.
– LVMH’s geographical diversification and favorable market conditions in Asia are expected to provide impetus for growth in near future.
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