LVMH reports 12% increase in organic revenue sales

Published: 17-Apr-2008

Luxury goods group, LVMH (Moet Hennessy Louis Vuitton), has announced an organic revenue increase of 12% in the first quarter of this year, achieving a turnover of 4 billion euros in total.


Luxury goods group, LVMH (Moet Hennessy Louis Vuitton), has announced an organic revenue increase of 12% in the first quarter of this year, achieving a turnover of 4 billion euros in total.

Of this, the Perfumes and Cosmetics division accounted for €717m, with organic revenue growth reaching 13%, compared to €663m in the first quarter of 2007.

The company says this hike is due to Christian Dior continuing to show great momentum, reflecting the sustained progress of J’Adore as well as the success of Midnight Poison, the new Addict High Shine lipstick and Capture skincare ranges.

Guerlain also continued its strong progress throughout the whole range of its products, where Europe and Asia were the main drivers of growth and Parfums Givenchy benefited from the rapid development of Ange ou Démon.

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