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Gains helped along by results in Asia, Europe and North America.
October 14, 2010
By: TOM BRANNA
Editor
Who says that luxury is dead in the new consumer’s mind? LVMH Moët Hennessy Louis Vuitton said revenue for the nine months jumped 19% to$18.74 billion, thanks to strong momentum in Asia, Europe and America. Overall sales rose 14% in organic terms, the luxury group reported. The perfume and cosmetics division reported a 14% gain through three quarters. The division’s organic growth was 10%. “The excellent performance of LVMH in the first nine months of the year has con...
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