Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue September 2014
 •  Univar Signs Deal With Evonik  •  New App Brings Beauty on Demand  •  Estee Lauder Names Senior Vice President  •  Beauty & the East  •  US Senate OKs Sunscreen Innovation Act
Print

LVMH Reports Gain In Operating Income



Published November 15, 2005
Related Searches: launches continue executives Skin Care
Post a comment
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