THE WHAT? LVMH Moët Hennessy Louis Vuitton reported €86.2 billion in revenue, a 13% increase from the previous year, with most business groups showing strong performance, except for Wines & Spirits. The company experienced significant growth in Europe, Japan, and other Asian markets, with a 10% rise in organic revenue in the fourth quarter. The profit from recurring operations grew by 8% to €22.8 billion, and the group’s net profit also increased by 8% to €15.2 billion.
THE DETAILS CEO Bernard Arnault credited this performance to the strong appeal and quality of LVMH’s brands despite economic and geopolitical challenges. He emphasized the group’s focus on innovation, design, retail excellence, and initiatives in environmental protection, talent development, and heritage preservation. LVMH is preparing for a partnership with the Paris 2024 Olympic and Paralympic Games to strengthen its luxury sector leadership and promote French excellence.
THE WHY? Key performances in 2023 included the Fashion & Leather Goods sector, with brands like Louis Vuitton and Christian Dior achieving record revenues. Growth was also seen in fragrances, makeup, jewelry, and watches, with Dior’s Sauvage remaining the world’s best-selling fragrance. Sephora excelled in beauty retail. LVMH’s LIFE 360 environmental program met its 2023 goals, progressing in renewable energy use and CO2 emissions reduction. LVMH’s global workforce surpassed 213,000, with significant economic contributions in France and globally, and support for over 950 nonprofits and charitable foundations.
Aesthetic supplies USA refers to products and equipment used in the field of aesthetic medicine and cosmetic treatments that are available for purchase in the United States. These supplies encompass a wide range of items necessary for various aesthetic procedures and treatments conducted by professionals such as dermatologists, plastic surgeons, aestheticians, and other qualified practitioners.
Examples of aesthetic supplies include:
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Dermal Fillers: Injectable substances used to restore volume and reduce wrinkles.
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Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
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Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
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Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
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Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
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Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.
