Pre-tax profits at the Irish arm of the world's most valuable luxury brand, Louis Vuitton, increased last year by 14% to €10.96m in a record year for the business.
Pre-tax profits at the Irish arm of the world's most valuable luxury brand, Louis Vuitton, increased last year by 14% to €10.96m in a record year for the business.
Sales rocketed at the Grafton Street outlet by 33%, rising from €23.7m to €31.54m as online sales decreased by 24% from €6.5m to €4.95m. They add that"2023 was a year of continued economic volatility where the macro-economic conditions like the high rates of inflation and interest remain a challenge in the retail sector."
Louis Vuitton is part of the multi-billion stock market-listed and French headquartered LVMH Moet Hennessy luxury brands company.
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