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Perfume & Cosmetics organic revenue growth of 9% in Q1 2016.
April 12, 2016
By: Christine Esposito
Editor-in-Chief
LVMH Moët Hennessy Louis Vuitton recorded revenue of €8.6 billion (approximately $9.7 billion) for the first quarter 2016, an increase of 4%. Organic revenue growth was 3% compared to the same period in 2015. The US market is strong and Europe remains well oriented except for France which is affected by a fall in tourism. Asian markets are varied, but Japan continues to progress, the luxury goods firm said. In Perfumes & Cosmetics, organic revenue growth was 9% in the first quarter o...
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