Financial News

Makeup, Fragrance Big at LVMH

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By: TOM BRANNA

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LVMH Moët Hennessy Louis Vuitton’s perfumes and cosmetics unit reported a 16% surge in sales to $3.5 billion for the first nine months of 2015. On an organic basis, sales rose 7%. According to management, Parfums Christian Dior continued to benefit from the momentum of J’Adore, Miss Dior and Dior Homme. The company also pointed to the successful launch of its men’s fragrance Sauvage.  The makeup segment also contributed to the excellent performance of the brand, bolstered by Dior Addict Lipstic...

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