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LVMH Fares Well in Q1

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By: TOM BRANNA

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FRANCE: Moët Hennessy Louis Vuitton’s perfumes and cosmetics sector recorded organic growth of 6% to approximately $1.15 billion for the first quarter 2015 revenue. The company’s overall revenues were €8.3 billion, which represents organic growth of 3% compared to the same period in 2014. Within the perfumes & cosmetics division, organic revenue growth was reported at 6% in the first quarter of 2015. Christian Dior recorded “good momentum,” which LVMH says was driven by the success of J’...

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