Breaking News

LVMH Beauty Records Gain in First Half

July 25, 2014

Perfume and cosmetics sales rise 2%.

LVMH recorded revenue of €14 billion in the first half of 2014, an increase of 3%. Organic revenue growth was 5% compared to the same period in 2013, according to the luxury goods firm, which said it continued to grow in the United States and Asia.
 
Europe demonstrated resilience despite a still challenging economic environment, according to LVMH.
 
With organic growth of 3%, the second quarter showed comparable regional trends to the first quarter, except in Japan, which had experienced particularly strong growth during the first quarter.
 
Perfume and cosmetics sales rose 2% to €1.8 billion in the first half. According to LVMH, organic revenue growth as 6%.   
 
Profit from recurring operations stood at €204 million. Parfums Christian Dior continued to benefit from the growth of its iconic perfumes J’Adore and Dior Homme. The make-up segment also experienced sustained growth.
 
Guerlain continues its progress with the ongoing success of La Petite Robe Noire and the rapid development of Orchidйe Impйriale and Abeille Royale.
 
Benefit, Make Up For Ever and Fresh confirmed “their excellent performance,” according to the firm.

Related End-User Markets:

  • Cargo Says Aloha To Spring/Summer

    Cargo Says Aloha To Spring/Summer

    Christine Esposito, Associate Editor||February 13, 2017
    Cargo Cosmetics has rolled out its new Spring/Summer collection with Hawiianan singer Anuhea.

  • Catch These Rising Stars of Beauty

    Catch These Rising Stars of Beauty

    Nancy Jeffries, Contributing Editor||February 6, 2017
    Who won what at Fashion Group International's Rising Star awards show

  • Erasa

    Erasa's New Evangelist(a)

    January 9, 2017
    Impressed by the performance of its hero SKU, supermodel Linda Evangelista joins the company in a hand's on role.

  • What the Halal  Is Going On?

    What the Halal Is Going On?

    Imogen Matthews , In-Cosmetics||February 2, 2017
    Demand for these beauty products is surging thanks to a fastgrowing Muslim population.

  • Defining Clean Skin

    Defining Clean Skin

    Nava Dayan PhD, Dr. Nava Dayan LLC||February 1, 2017
    A look at the issues, research and history surrounding this controversial topic.

  • Linked In

    Linked In

    Christine Esposito , Associate Editor||February 1, 2017
    Through virtual reality, apps and connected devices, beauty and personal care brands can strengthen their customer relations