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LVMH's perfumes and cosmetics sales grow by 17% to €7.72B in 2022; company's overall sales boosted by return of sales in China after the pandemic period

Moet Hennessy announces appointment of Alina Klushina to replace Sebastien Vilmot as CEO of its Russian subsidiary; Vilmot had headed the company since May 2018

Dow to collaborate with LVMH Beauty to incorporate biobased and circular plastics into beauty packaging; Dow's biobased and circular SURLYN materials will be used in LVMH perfume packaging within 2023, without compromising quality, transparency

Bank of America: 2023 should be another strong year for luxury sector demand, driven by China's reopening; brands with greater momentum can better withstand volatility, and analysts are particularly optimistic about LVMH, Richemont and Hermès

LVMH Chairman, CEO Bernard Arnault names daughter Delphine Arnault as CEO of Christian Dior; current head of Dior Pietro Beccari will replace long-time Louis Vuitton CEO Michael Burke, who will continue to work with Bernard Arnault in unannounced role

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