04.10.18
LVMH Moët Hennessy Louis Vuitton’s revenue in Q1 2018 was €10.9 billion, an impressive increase of 10%.
The firm's perfumes and cosmetics unit's organic revenue increased 17% in the first quarter of 2018.
Parfums Christian Dior once again saw strong growth momentum, fueled by the continued vitality of its iconic perfumes J'adore and Miss Dior, and by the continued success of Sauvage. Makeup and skincare also contributed to the superb performance of the brand. Guerlain benefited from the roll-out of the new Mon Guerlain perfume and from its significant advances in skincare, particularly its Abeille Royale range. Parfums Givenchy, Benefit and Fresh saw sustained growth, as did Fenty Beauty by Rihanna, which was launched in 2017 and has been an exceptional success.
Within LVMH’s selective retailing unit, where organic revenue rose 9% in the first quarter of 2018 or 16% excluding the termination of the Hong Kong International Airport concession, Sephora continued to gain market share around the world. Sephora’s new store concept continued its roll-out, particularly in France with the inauguration in the first quarter of a flagship store in the Saint-Lazare district of Paris. In addition, LVMH said online sales grew rapidly all over the world.
The firm's perfumes and cosmetics unit's organic revenue increased 17% in the first quarter of 2018.
Parfums Christian Dior once again saw strong growth momentum, fueled by the continued vitality of its iconic perfumes J'adore and Miss Dior, and by the continued success of Sauvage. Makeup and skincare also contributed to the superb performance of the brand. Guerlain benefited from the roll-out of the new Mon Guerlain perfume and from its significant advances in skincare, particularly its Abeille Royale range. Parfums Givenchy, Benefit and Fresh saw sustained growth, as did Fenty Beauty by Rihanna, which was launched in 2017 and has been an exceptional success.
Within LVMH’s selective retailing unit, where organic revenue rose 9% in the first quarter of 2018 or 16% excluding the termination of the Hong Kong International Airport concession, Sephora continued to gain market share around the world. Sephora’s new store concept continued its roll-out, particularly in France with the inauguration in the first quarter of a flagship store in the Saint-Lazare district of Paris. In addition, LVMH said online sales grew rapidly all over the world.