LVMH again in fa$hion

Surging sales of fashion lines and handbags by Dior, Fendi and Louis Vuitton powered LVMH’s revenues in the second quarter.

The end of COVID-19 lockdowns across much of Europe is reviving luxury-goods demand.

LVMH, the world’s biggest luxury-goods group, has benefited more than most, using its heft to spend on marketing and social-media campaigns when some of its smaller rivals are still struggling to get back on their feet.

LVMH sales rose by 84 percent year-on-year in the second quarter to $17.36 billion.