News 
The world’s leading luxury products group, LVMH Moët Hennessy Louis Vuitton recorded revenue of 44.2 billion euros in the first nine months of 2021, up 46% compared to 2020.
Organic revenue growth over the period was 40% compared to 2020. Compared to 2019, organic growth over the first nine months of 2021 was 11%, with trends in the third quarter (+11%) comparable to those of the first half, both by activity and by region.
The Watches & Jewelry business group recorded organic revenue growth of 49% in the first nine months of 2021 compared to the same period of 2020 and 4% compared to 2019 (excluding Tiffany, which was consolidated for the first time in 2021). Driven by the growing success of its iconic products, Tiffany enjoyed a remarkable performance, particularly in its major market, the United States. Bvlgari rolled out its new line of High Jewelry, Magnifica, and celebrated its Serpenti creations at the Metamorphosis exhibition in Milan. Chaumet launched a new High Jewelry collection, Torsade, inspired by the movement of the frieze adorning the column of the Place Vendôme. In watchmaking, TAG Heuer successfully launched a limited Super Mario edition of its smart watch for gaming enthusiasts.
The Wines & Spirits business group recorded organic revenue growth of 30% in the first nine months of 2021 compared to the same period of 2020 and 10% compared to 2019.
The Fashion & Leather Goods business group recorded organic revenue growth of 57% in the first nine months of 2021 compared to the same period of 2020 and 38% compared to 2019.
The Perfumes & Cosmetics business group recorded organic revenue growth of 30% over the first nine months of 2021 compared to the same period of 2020. On an organic basis, revenue was down 2% compared to the first nine months of 2019.
In Selective Retailing, organic revenue was up 13% compared to the first nine months of 2020 and down 23% compared to the same period of 2019.
Within the context of a gradual exit from the health crisis, the Group is confident in the continuation of the current growth; it will maintain a strategy focused on continuously strengthening the desirability of its brands, by relying on the authenticity and quality of its products, the excellence of their distribution and the responsiveness of its organisation.
October 28, 2021