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Organic gains of 8% for first nine months of the year.
October 11, 2016
By: Christine Esposito
Editor-in-Chief
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. The continued momentum of its iconic fragrances, the great success of Sauvage and its latest innovations in the makeup segment were the main drivers of the growth of the brand, according to LVMH. Guerlain succe...
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