LVMH watches and jewellery arm sees profits and revenues fall in H1
The new Tiffany Titan by Pharrell Williams collection also generated an ‘exceptional level of interest’
LVMH’s jewellery and watches business has reported a 19% decline in profits from recurring operations to €877m (£736.6m) and a 3% fall in revenues to €5.15bn (£4.33bn) in the first half of 2024.