12.01.16
Luxury leader LVMH Moët Hennessy Louis Vuitton said its perfumes and cosmetics business reported a 6% gain in revenues for the first nine months of the year, with organic revenue up 8%.
Parfums Christian Dior continued its strong performance, gaining market share in all countries. LVMH credited the success to momentum of its iconic fragrances, Sauvage’s success and makeup launches. Guerlain successfully expanded its perfume brand, La Petite Robe Noire, into the world of makeup, a segment in which Givenchy reported strong growth. Supported by a bold marketing campaign, the launch of the new perfume Kenzo World, was a success. Benefit, Make Up For Ever, Fresh and Kat Von D all delivered excellent performance, according to the company.
LVMH’s Selective Retailing business group, which includes Sephora, recorded organic revenue growth of 6% for the first nine months of 2016. LVMH said Sephora continued to gain market share in all its markets and recorded double-digit revenue growth.
Parfums Christian Dior continued its strong performance, gaining market share in all countries. LVMH credited the success to momentum of its iconic fragrances, Sauvage’s success and makeup launches. Guerlain successfully expanded its perfume brand, La Petite Robe Noire, into the world of makeup, a segment in which Givenchy reported strong growth. Supported by a bold marketing campaign, the launch of the new perfume Kenzo World, was a success. Benefit, Make Up For Ever, Fresh and Kat Von D all delivered excellent performance, according to the company.
LVMH’s Selective Retailing business group, which includes Sephora, recorded organic revenue growth of 6% for the first nine months of 2016. LVMH said Sephora continued to gain market share in all its markets and recorded double-digit revenue growth.