Company News

LVMH’s Beauty Business Enjoys Solid 2016

Organic growth of 8%.

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By: Christine Esposito

Editor-in-Chief

LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €37.6 billion in 2016, an increase of 5% over the previous year. Organic revenue growth was 6%.
 
The company’s perfume and cosmetics business recorded sales of €4.953 billion for the year, representing organic growth of 8% versus the same period of 2015.

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