2021 Annual Results
Strong organic growth particularly driven by outstanding performance
of Fashion & Leather Goods division
2021 revenue by business group (in million of euros)
2021 vs 2020
2019
2020
2021
Reported
Wines & Spirits
5 576
4 755
5 974
+ 26%
+ 26%
Organic*
2021 vs 2019
Organic
+ 9%
Fashion & Leather Goods
22 237
21 207
30 896
+ 46%
+ 47%
+ 42%
Perfumes & Cosmetics
6 835
5 248
6 608
+ 26%
+ 27%
1%
Watches & Jewelry
4 405
3 356
8 964
x 2.7
+ 40%
+ 7%
Selective Retailing
14 791
10 155
11 754
+16%
+ 18%
18%
Other activities and eliminations
(174)
(70)
19
Total LVMH
53 670
44 651
64 215
+ 44%
+ 36%
+ 14%
* with comparable structure and exchange rates.
The structural impact for the Group compared to 2020 was +10%, largely linked to the consolidation for the first time of Tiffany & Co. The currency effect was -2%.
20
2021 Annual Results
LVMHView entire presentation