Breaking News

LVMH's Beauty Business Sees Rising Sales

April 17, 2013

Five percent organic revenue growth.

LVMH Moët Hennessy Louis Vuitton recorded a 6% increase in first quarter 2013 revenue to 6.9 billion Euros,  according to the luxury goods maker which sells beauty products and cosmetics under banners such as Guerlain and Dior.
 

LVMH’s Perfumes & Cosmetics organic revenue growth was 5% in the first quarter of 2013. Revenues for the unit were approximately $1.22 billion.
 

Christian Dior recorded further solid growth thanks to the vitality of its perfumes and, in particular, the continued strength of J’adore, Miss Dior and Dior Homme, the company said.
 

Dior’s new lipstick, Dior Addict, and premium skin care Prestige also contributed to the brand’s growth.
 

Guerlain continued to benefit from the strong momentum of La Petite Robe Noire and the success of its high-end skincare Orchidée Impériale.
 

LVMH reported that Benefit and Fresh continued to strengthen their positions “thanks to their strongly innovative products.”
 

In LVMH’s selective retailing business unit, organic revenue growth stood at 17% in the first quarter of 2013. In this sector, Sephora gained market share in all its regions and continued to expand its global store network with, in particular, the opening in Shanghai of its largest store in China. Online sales also experienced rapid growth during the period, the company said.
 
blog comments powered by Disqus
  • Cosmetic Chemists Head to Orlando Next Month

    Cosmetic Chemists Head to Orlando Next Month

    September 26, 2016
    Organizing Chair Guy Padulo explains why you should attend the IFSCC Congress.

  • Restoring Rembrandt

    Restoring Rembrandt

    Christine Esposito, Associate Editor||September 26, 2016
    Ranir LLC has acquired Rembrandt, an iconic name in teeth whitening, and plans to make it a staple in the value segment.

  • Active Agents

    Active Agents

    September 19, 2016
    On the surface, surfactants may seem staid, but the market, and the supplier activity driving it, is bubbling.

  • Back to School

    Back to School

    Tom Branna, Editorial Director||September 1, 2016
    It may be September, but class was in session this summer during the Private Label Manufacturers Association’s Executive Educ

  • What

    What's In Your Formula?

    Christine Esposito, Associate Editor||September 1, 2016
    A look at the ingredients beauty brands are using to fuel their formulations and capture consumers’ attention.

  • A Sweet-Smelling Sanctuary

    A Sweet-Smelling Sanctuary

    Melissa Meisel, Associate Editor||September 1, 2016
    Home fragrance is enhanced by aromatic developments in delivery and components.