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LVMH Posts Gains for First Nine Months



Published October 22, 2013
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LVMH Posts Gains for First Nine Months

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.
 
 


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