{"id":745,"date":"2025-02-24T16:45:46","date_gmt":"2025-02-24T15:45:46","guid":{"rendered":"https:\/\/fashioneditorial.pl\/?p=745"},"modified":"2025-07-12T23:14:29","modified_gmt":"2025-07-12T21:14:29","slug":"lvmh-w-2024-roku-stabilnosc-i-strategia-na-przyszlosc","status":"publish","type":"post","link":"https:\/\/fashioneditorial.pl\/en\/lvmh-w-2024-roku-stabilnosc-i-strategia-na-przyszlosc\/","title":{"rendered":"LVMH in 2024: Stability and Strategy for the Future"},"content":{"rendered":"

Despite the challenging economic climate and volatile market conditions, LVMH has maintained its strong position in the luxury goods industry in 2024<\/strong>. The group's financial performance demonstrates the brand's resilience, the effectiveness of its long-term strategy and its ability to adapt to changing consumer expectations.<\/h2>\n\n\n\n

What factors have influenced LVMH's performance this year? What challenges and opportunities does the group face in the coming years?<\/p>\n\n\n\n

Financial performance and key indicators<\/h2>\n\n\n\n

LVMH recorded revenues of EUR 84.7 billion<\/strong> and operating profit of EUR 19.6 billion<\/strong>. Free cash flow amounted to EUR 10.5 billion, indicating the company's stable financial health.<\/p>\n\n\n\n

Despite the economic downturn, organic growth remained at 1%<\/strong>, with sales increasing in Europe, Japan and the United States. Japan stood out with double-digit revenue growth, confirming its growing importance to the luxury sector.<\/p>\n\n\n\n

Operating margin was 23.1%<\/strong>, which means that LVMH remains at the forefront of the industry in terms of profitability. Currency fluctuations had a negative impact on the Fashion & Leather Goods and Wines & Spirits segments<\/strong>, but the company successfully offset these losses through strategic actions.<\/p>\n\n\n\n

Strategy and commentary by Bernard Arnault<\/h2>\n\n\n\n

Bernard Arnault, Chairman and CEO of LVMH, highlighted the strength of the brand and the effectiveness of the strategy based on creativity, product excellence and operational flexibility<\/strong>. He also pointed to the importance of the partnership with the Olympic and Paralympic Games in Paris 2024, which strengthens the brand's global presence.<\/p>\n\n\n\n

As part of its corporate social responsibility efforts, LVMH continues its LIFE 360<\/strong> program, focused on sustainable development. The company has increased the share of recycled materials to 31% and reduced greenhouse gas emissions (Scopes 1 and 2) by 55% compared to 2019.<\/p>\n\n\n\n

Revenue breakdown by segment<\/h2>\n\n\n\n

Wines & Spirits<\/h3>\n\n\n\n
    \n
  • Decrease in revenue by 8%<\/strong> on an organic basis.<\/li>\n\n\n\n
  • Normalisation of demand after the pandemic and a drop in segment profits.<\/li>\n<\/ul>\n\n\n\n

    Fashion & Leather Goods<\/h3>\n\n\n\n
      \n
    • Stable performance, revenue down by 1%<\/strong>.<\/li>\n\n\n\n
    • Innovation at Louis Vuitton and Christian Dior and the drive to maintain the brands' prestige.<\/li>\n<\/ul>\n\n\n\n

      Perfumes & Cosmetics<\/h3>\n\n\n\n
        \n
      • Increase in revenue by 4%<\/strong>.<\/li>\n\n\n\n
      • The success of the flagship lines, Dior Sauvage remains the world's best-selling fragrance.<\/li>\n<\/ul>\n\n\n\n

        Watches & Jewelry<\/h3>\n\n\n\n
          \n
        • Decrease in revenue by 2%<\/strong>.<\/li>\n\n\n\n
        • Investment in marketing, innovation and shop refurbishment.<\/li>\n<\/ul>\n\n\n\n

          Selective Retailing<\/h3>\n\n\n\n
            \n
          • Increase in revenue by 6%<\/strong>.<\/li>\n\n\n\n
          • Great performance from Sephora, but difficulties in DFS due to macroeconomic conditions.<\/li>\n<\/ul>\n\n\n\n

            Economic and social impact<\/h2>\n\n\n\n

            LVMH employs over 215,000 people<\/strong>, including 40,000 in France<\/strong>. The Group supports 910 non-profit organizations<\/strong>, involving 65,000 employees in social activities<\/strong>.<\/p>\n\n\n\n

            The company invested EUR 5.5 billion<\/strong> in the development of its store network and production plants, including EUR 1.7 billion<\/strong> in France. The total amount of income tax paid by LVMH was EUR 6 billion<\/strong>, half of which went to the French budget.<\/p>\n\n\n\n

            Prospects for 2025<\/h2>\n\n\n\n

            LVMH remains optimistic about the future and plans to further strengthen its leadership position in the luxury goods industry. The company is focusing on:<\/p>\n\n\n\n

              \n
            • Maintaining the high quality and exclusivity of products,<\/li>\n\n\n\n
            • Investing in digitalisation and innovative sales channels,<\/li>\n\n\n\n
            • Further develop environmental and social activities.<\/li>\n<\/ul>\n\n\n\n

              Highlighting the certainty in the growth strategy, the board has proposed a dividend of \u20ac13 per share<\/strong>, which will be voted on at the Annual General Meeting in April 2025.<\/p>","protected":false},"excerpt":{"rendered":"

              Pomimo trudnej sytuacji gospodarczej i zmiennych warunk\u00f3w rynkowych, LVMH utrzyma\u0142o swoj\u0105 siln\u0105 pozycj\u0119 w bran\u017cy d\u00f3br luksusowych w 2024 roku. Wyniki finansowe koncernu wskazuj\u0105 na odporno\u015b\u0107 marki, skuteczno\u015b\u0107 d\u0142ugoterminowej strategii oraz umiej\u0119tno\u015b\u0107 dostosowania si\u0119 do zmieniaj\u0105cych si\u0119 oczekiwa\u0144 konsument\u00f3w. Jakie czynniki wp\u0142yn\u0119\u0142y na tegoroczne wyniki LVMH? Jakie wyzwania i szanse stoj\u0105 przed grup\u0105 w nadchodz\u0105cych […]<\/p>\n","protected":false},"author":1,"featured_media":1282,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_gspb_post_css":"","slim_seo":{"title":"LVMH w 2024 roku: Stabilno\u015b\u0107 i Strategia na Przysz\u0142o\u015b\u0107 - Fashion Editorial - Twoja platforma wiedzy o modzie","description":"Pomimo trudnej sytuacji gospodarczej i zmiennych warunk\u00f3w rynkowych, LVMH utrzyma\u0142o swoj\u0105 siln\u0105 pozycj\u0119 w bran\u017cy d\u00f3br luksusowych w 2024 roku . Wyniki finansowe"},"iawp_total_views":9,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-745","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-moda"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/fashioneditorial.pl\/en\/wp-json\/wp\/v2\/posts\/745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fashioneditorial.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fashioneditorial.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fashioneditorial.pl\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fashioneditorial.pl\/en\/wp-json\/wp\/v2\/comments?post=745"}],"version-history":[{"count":3,"href":"https:\/\/fashioneditorial.pl\/en\/wp-json\/wp\/v2\/posts\/745\/revisions"}],"predecessor-version":[{"id":1835,"href":"https:\/\/fashioneditorial.pl\/en\/wp-json\/wp\/v2\/posts\/745\/revisions\/1835"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fashioneditorial.pl\/en\/wp-json\/wp\/v2\/media\/1282"}],"wp:attachment":[{"href":"https:\/\/fashioneditorial.pl\/en\/wp-json\/wp\/v2\/media?parent=745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fashioneditorial.pl\/en\/wp-json\/wp\/v2\/categories?post=745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fashioneditorial.pl\/en\/wp-json\/wp\/v2\/tags?post=745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}