10.11.16
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. The continued momentum of its iconic fragrances, the great success of Sauvage and its latest innovations in the makeup segment were the main drivers of the growth of the brand, according to LVMH.
Guerlain successfully expanded its perfume brand, La Petite Robe Noire, into the world of makeup, a segment in which Givenchy saw 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.
LVMH’s Selective Retailing business group, which incudes 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. The continued momentum of its iconic fragrances, the great success of Sauvage and its latest innovations in the makeup segment were the main drivers of the growth of the brand, according to LVMH.
Guerlain successfully expanded its perfume brand, La Petite Robe Noire, into the world of makeup, a segment in which Givenchy saw 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.
LVMH’s Selective Retailing business group, which incudes 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.