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Luxury Cosmetics Rise at LVMH

Organic revenue growth of 7% in 2013.

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By: Christine Esposito

Editor-in-Chief

Luxury leader LVMH Moët Hennessy Louis Vuitton recorded recorded revenue of €29.1 billion—$39.6 billion— in 2013, an increase of 4% over the previous year. Organic revenue growth was 8%, according to the company, which markets leading luxury cosmetics ad fragrances as well as well known fashion brands and wine and alcohol. The group maintained good momentum in the United States and Asia, and continued to grow in Europe, despite the challenging economic environment. “2013 saw another exce...

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