PARIS—LVMH Moët Hennessy Louis Vuitton SE said Tuesday its third-quarter revenue rose 27% as U.S. tourists spent freely in Paris and other European capitals and Covid-19-related disruptions eased in China.
LVMH posted revenue of €19.76 billion ($19.26 billion), beating expectations. The conglomerate’s fashion and leather-goods division—which accounts for almost half of its revenue—posted a 27% increase in sales to €9.69 billion for the three months ended in September.
