Revenues at Louis Vuitton Ireland Ltd increased by 21% from €30m to €36.5m
A model presents a creation for the Louis Vuitton Menswear Spring-Summer 2024 show. Profits jumped at the fashion brand's Irish arm last year. Photograph: GettyPretax profits at the Irish arm of the world’s most valuable luxury brand, Louis Vuitton, last year increased by 14 per cent to €10.96 million in a record year for the business.
Sales increased at the Grafton Street outlet by 33 per cent, from €23.7 million to €31.54 million. Online sales, however, fell 24 per cent from €6.5 million to €4.95 million.‘I’m just so relieved’: Tori Towey arrives home after charges dropped in DubaiThe difference between Simon Harris and Leo Varadkar on UK-Irish relations goes beyond tone
They said 2023 was a year of continued economic volatility where macroeconomic conditions, including high rates of inflation and interest, remain a challenge in the retail sector.
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