Financial News

LVMH Sees Profit

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By: TOM BRANNA

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Luxury leader LVMH Moët Hennessy Louis Vuitton said its perfumes and cosmetics business reported a 6% gain in revenues for the first nine months of the year, with organic revenue up 8%. Parfums Christian Dior continued its strong performance, gaining market share in all countries. LVMH credited the success to momentum of its iconic fragrances, Sauvage’s success and makeup launches. Guerlain successfully expanded its perfume brand, La Petite Robe Noire, into the world of makeup, a segment in...

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