LVMH profits boosted by Hermès sale

Published: 6-Feb-2015
Finance

Net profits rise 64% to €5.65bn

You need to be a subscriber to read this article.
Click here to find out more.

Paris-based fashion titan LVMH, the owner of Céline, Christian Dior and Guerlain, has disclosed a 64% hike in net profits to €5.65bn, although core earnings fell 5%.

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.
  • Companies:
  • Louis Vuitton Moet Hennessy
See more

You may also like

Finance

LVMH’s revenue dips despite ‘remarkable growth’ from Sephora

Read more
The giant’s Selective Retailing and Perfumes & Cosmetics divisions delivered strong sales despite the ‘uncertain’ economic climate

Trending Articles

  1. Former investor accuses Revolution Beauty of ‘deceit’ and seeks £45.2 million claim Chrysalis Investments is taking legal action against the fast beauty retailer, accusing it of ‘negligent misstatement and/or misrepresentation’
  2. PZ Cussons to sell St. Tropez in bid to return to growth The owner of Charles Worthington and Sanctuary Spa has struggled with declining sales with its Africa business hit by devaluation of the Nigerian naira
  3. THG revenue growth boosted by beauty's 'standout performance' The increased revenues reported in Q1 builds on THG’s return to growth in the final quarter of 2023
  4. Nivea helps push Beiersdorf sales to €4.9 billion in H1 Sun protection was pinpointed as a strong performance segment for the German giant's Nivea, Eucerin and Aquaphor brands
  5. The Body Shop administrators investigate claim of missing millions FRP Advisory is allegedly exploring the claim that millions of pounds were taken out of the company before it fell into administration

Upcoming event

China Beauty Expo

22-24 May | Shanghai, China See all

You may also like

Finance

LVMH’s revenue dips despite ‘remarkable growth’ from Sephora

The giant’s Selective Retailing and Perfumes & Cosmetics divisions delivered strong sales despite the ‘uncertain’ economic climate
Finance

Sephora’s ‘exceptional’ 2023 drives 25% retail boost for LVMH

The luxury brands group’s recorded revenue hit €86.2 billion in 2023, up 9%
Finance

Sephora’s Greater China CEO Maggie Chan steps down

Chan departs after five years in the role with the LVMH-owned retailer yet to name her successor
You need to be a subscriber to read this article.
Click here to find out more.
Regulatory

Year in review: 2023’s biggest beauty stories and headlines

These are the beauty industry news stories that dominated this year, covering bankruptcy, legal woes and a very influential doll
Finance

Sephora signs partnership with Reliance Retail Group to grow business in India

India’s largest retail group has acquired the exclusive rights to build the beauty brand’s presence in India across all channels
Fragrance

LVMH quarterly sales lag despite positive boost from prestige fragrance

Despite the Fenty Beauty owner reporting double-digit organic growth in Europe, Japan and Asia, earnings were affected by a 4% negative exchange rate impact
Colour Cosmetics

LVMH posts ‘excellent’ second quarter results driven by Sephora and Dior

Total revenue increased 15% to top €42bn for the quarter, with Fenty Beauty, Guerlain and Givenchy also driving growth across cosmetics and fragrance
Subscribe now