04.12.16
LVMH Moët Hennessy Louis Vuitton recorded revenue of €8.6 billion (approximately $9.7 billion) for the first quarter 2016, an increase of 4%. Organic revenue growth was 3% compared to the same period in 2015.
The US market is strong and Europe remains well oriented except for France which is affected by a fall in tourism. Asian markets are varied, but Japan continues to progress, the luxury goods firm said.
In Perfumes & Cosmetics, organic revenue growth was 9% in the first quarter of 2016. Sales were €1.2 billion euros. Christian Dior recorded strong growth with the remarkable success of Sauvage and the vitality of its iconic perfumes J’adore and Miss Dior.
The launch of the new perfume Poison Girl was also a highlight of the quarter. Building on the success of the perfume, Guerlain expanded La Petite Robe Noire into the world of make-up. Benefit continued its strong innovation in make-up.
Make Up For Ever and Kendo’s brand portfolio are expanding rapidly too.
The US market is strong and Europe remains well oriented except for France which is affected by a fall in tourism. Asian markets are varied, but Japan continues to progress, the luxury goods firm said.
In Perfumes & Cosmetics, organic revenue growth was 9% in the first quarter of 2016. Sales were €1.2 billion euros. Christian Dior recorded strong growth with the remarkable success of Sauvage and the vitality of its iconic perfumes J’adore and Miss Dior.
The launch of the new perfume Poison Girl was also a highlight of the quarter. Building on the success of the perfume, Guerlain expanded La Petite Robe Noire into the world of make-up. Benefit continued its strong innovation in make-up.
Make Up For Ever and Kendo’s brand portfolio are expanding rapidly too.