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LVMH Beauty Records Gain in First Half



Published July 25, 2014
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LVMH Beauty Records Gain in First Half

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.


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