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February 3, 2015
By: TOM BRANNA
Editor
Sales of perfumes and cosmetics rose 5% last year at LVMH. Organic growth was 7%, as personal care sales topped $4.4 billion at current exchange rates. Corporate sales rose 6% to $34.6 billion at current exchange rates. LVMH said the Perfumes & Cosmetics business group significantly outperformed the market with organic revenue growth of 7%. Profit from recurring operations amounted to €415 million ($469 million at current exchange rates). The business group’s momentum was boosted by cont...
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