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LVMH’s Beauty Sales Remain Strong

Organic revenue growth of 8% through first nine months.

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By: TOM BRANNA

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LVMH’s Perfumes & Cosmetics business group registered organic revenue growth of 8% for the first nine months of 2012, the luxury goods company announced today. Sales came in at €2.625 billion, up from €2.31 billion recorded in the first nine months of 2011. Third quarter revenue was €898, up from €828 in the second quarter, the company reported. According to LVMH, Christian Dior continued to show strong momentum underpinned by the growth of its “iconic perfumes” and the...

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