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:

blog comments powered by Disqus
  • ‘Lash’-ing Out!

    ‘Lash’-ing Out!

    Christine Esposito, Associate Editor||August 29, 2016
    All eyes are on Lash Star Beauty, a lash-centric beauty brand that recently made its QVC debut.

  • Long Term Sustainability In the Nonwovens Market

    Long Term Sustainability In the Nonwovens Market

    August 23, 2016
    Learn more at Cleaning Products USA, Nov. 9-11, 2016

  • TLC for Those Who Need It Most

    TLC for Those Who Need It Most

    Christine Esposito, Associate Editor||August 22, 2016
    New curriculum debuting at Bellus Academy helps estheticians treat a population that needs TLC.

  • Special Effects

    Special Effects

    Melissa Meisel, Associate Editor||August 1, 2016
    Fall 2016 color cosmetics reflect light and offer a focus on elements like pigment, slip and wear.

  • Works of Art

    Works of Art

    Tom Branna, Editorial Director||August 1, 2016
    These suppliers know that the container can be just as important as the juice to entice luxury shoppers.

  • Sustainability is Omnipresent

    Sustainability is Omnipresent

    Christine Esposito , Associate Editor||July 1, 2016
    Industry stakeholders convene in New York City for Organic Monitor’s annual event