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Innovative fragrances propel Perfumes & Cosmetics category.
October 22, 2013
By: TOM BRANNA
Editor
LVMH Moët Hennessy Louis Vuitton posted a 4% rise in revenue to €20.7 billion ($28.3 billion) for the first nine months of 2013. The Wines & Spirits and Watches & Jewelry business groups both accelerated their respective growth rates when compared to the first half of 2013. The performance of the other business groups was comparable to the start of the year. Europe has shown good resilience and the US and Asia continue to record strong growth. The Perfumes & Cosmetics business gr...
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