![Key Metrics for Social Media Marketing [Infographic]](https://www.socialmediatoday.com/imgproxy/nP1lliSbrTbUmhFV6RdAz9qJZFvsstq3IG6orLUMMls/g:ce/rs:fit:770:435/bG9jYWw6Ly8vZGl2ZWltYWdlL3NvY2lhbF9tZWRpYV9yb2lfaW5vZ3JhcGhpYzIucG5n.webp "Key Metrics for Social Media Marketing [Infographic]")
In Q1 FY23, the company witnessed robust demand from local customers and international travellers in Europe and Japan, which enjoyed strong growth momentum. The US market also saw steady performance, while Asia experienced a significant rebound following the lifting of health restrictions.
French luxury fashion group LVMH recorded €21 billion revenue in Q1 FY23, a 17 per cent YoY growth, despite the uncertain geopolitical and economic environment.
The fashion and leather goods business group saw 18 per cent YoY growth to €10.72 billion, while the selective retailing segment recorded 30 per cent YoY growth to €3.96 billion.
The fashion and leather goods business group also recorded an impressive 18 per cent YoY revenue growth to €10.72 billion in Q1 FY23, which was also an 18 per cent YoY organic growth. Fendi, a part of the group, opened new stores in Tokyo and Seoul, the company said in a press release.
In the selective retailing segment, LVMH recorded a revenue growth of 30 per cent YoY to €3.96 billion in the first quarter of FY23, which was 28 per cent YoY organically.
Fibre2Fashion News Desk (DP)
