Breaking News

LVMH Posts Gains for First Nine Months

October 22, 2013

Innovative fragrances propel Perfumes & Cosmetics category.

LVMH Moët Hennessy Louis Vuitton posted a 4% rise in revenue to €20.7 billion ($28.3 billion) for the first nine months of 2013. The Wines & Spirits and Watches & Jewelry business groups both accelerated their respective growth rates when compared to the first half of 2013. The performance of the other business groups was comparable to the start of the year. Europe has shown good resilience and the US and Asia continue to record strong growth.

The Perfumes & Cosmetics business group posted a 5% increase to €2.7 billion ($3.7 billion) for the  first nine months of 2013. Parfums Christian Dior continued its growth, fuelled by the performance of its iconic products and its innovations. The continued success of J'Adore and  Dior Homme and the development of Rouge Dior makeup were among the highlights of the  last quarter. At Guerlain, a new campaign was devoted to the iconic fragrance Shalimar, while La Petite Robe Noire celebrated its first anniversary. Fresh, Benefit and Make Up For Ever continued to record good growth, particularly in Asia where  the brands are expanding their distribution.
 
 
blog comments powered by Disqus
  • What's Next for the UK?

    Sarah Boumphrey, Euromonitor International||June 24, 2016
    Euromonitor weighs in on the implications for consumer product companies.

  • Henkel Grabs the Sun

    Henkel Grabs the Sun

    Ian Bell, Euromonitor International||June 24, 2016
    Euromonitor's Ian Bell on the impact the purchase will have on the US detergent industry.

  • To The Max

    To The Max

    Melissa Meisel, Associate Editor||June 20, 2016
    Velvet 59 is on the rise at locations like Ricky’s NYC.

  • Take Notice

    Take Notice

    Melissa Meisel , Associate Editor||June 1, 2016
    Packaging trends revolve around trendy artwork, eco-conscious materials—and portability is a plus too!

  • Virtual Reality

    Virtual Reality

    Christine Esposito, Associate Editor||June 1, 2016
    An update on nature-identical ingredients for cosmetics and personal care products.

  • Shiseido Advances in the US

    Shiseido Advances in the US

    Tom Branna, Editorial Director||June 1, 2016
    New facility in Windsor, NJ demonstrates its dedication to the US and other markets outside Japan.