Breaking News

LVMH Reports Gain In Operating Income

November 15, 2005

French luxury group LVMH announced its operating income for perfumes and cosmetics rose 11% in local currency, to $197.7 million, in 2003.
Parfums Christian Dior continued to record high profitability within a competitive environment, LVMH executives said.
Innovation in makeup and skin care, including the success of Addict and Capture, and continued development of J’adore perfume sustained the activity of the brand.
Guerlain launched a new perfume for women, L’Instant, which LVMH executives said was one of its most successful launches for the year.
Other launches in 2003, including Givenchy’s Very Irresistible and Parfums Kenzo’s Kenzo Air, also contributed to the strong performance of perfumes and cosmetics.
In addition, U.S. cosmetics company BeneFit demonstrated profitable development with double-digit sales growth.
blog comments powered by Disqus
  • Senior Skin Care

    Senior Skin Care

    Christine Esposito, Associate Editor||July 19, 2016
    McCord Research and Product Quest Manufacturing roll out new hospital-grade skin care kits for seniors to use at home.

  • Naterra Expands Tree Hut Range

    Naterra Expands Tree Hut Range

    Melissa Meisel, Associate Editor||July 18, 2016
    New ‘Bare’ collection is out now.

  • An Antioxidant Arsenal

    An Antioxidant Arsenal

    July 11, 2016
    BioRewind is Dermarché Labs' new anti-aging regimen that delivers broad-spectrum antioxidant protection against free radicals

  • Sustainability is Omnipresent

    Sustainability is Omnipresent

    Christine Esposito , Associate Editor||July 1, 2016
    Industry stakeholders convene in New York City for Organic Monitor’s annual event

  • Perceived Perfection

    Perceived Perfection

    Christine Esposito, Associate Editor||July 1, 2016
    From primers to pressed powders, facial cosmetics help create the illusion of a flawless complexion.

  • Preserve & Serve

    Preserve & Serve

    Melissa Meisel , Associate Editor||July 1, 2016
    Suppliers with innovative preservatives provide staying power for formulations.