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Perfume & Cosmetics business records 17% sales gain.
July 29, 2015
By: Christine Esposito
Editor-in-Chief
LVMH Moët Hennessy Louis Vuitton recorded revenue of €16.7 billion in the first half of 2015, an increase of 19%. Organic revenue growth was 6% compared to the same period in 2014. Strong growth came in Europe and the US. The company’s perfumes and cosmetics business recorded first half sales of approximately $2.3 billion (€2.1 billion), a gain of 17% (6% organic). “The excellent results of the first half are witness to the efficiency of our strategy, which relies upon the strength of our b...
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