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November 1, 2018
By: TOM BRANNA
Editor
LVMH Moët Hennessy Louis Vuitton reported sales for the nine months rose 10% to €33.1 billion ($38 billion at current exchange rates). Organic revenue grew 11% compared to the same period in 2017, and 13% excluding the impact of the airport concession closures in Hong Kong at the end of 2017. All geographical areas progressed well, according to the company. The Perfumes & Cosmetics group recorded organic revenue growth of 14% in the first nine months of 2018, driven by the performance ...
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