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’
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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.