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November 15, 2005
By: TOM BRANNA
Editor
French luxury group LVMH announced its operating income for perfumes and cosmetics rose 11% in local currency, to $197.7 million, in 2003. Parfums Christian Dior continued to record high profitability within a competitive environment, LVMH executives said. Innovation in makeup and skin care, including the success of Addict and Capture, and continued development of J’adore perfume sustained the activity of the brand. Guerlain launched a new perfume for women, L’Instant, which LVMH executives ...
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