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April 20, 2006
LVMH Reports Q1 Sales Surge
LVMH Moet Hennessy Louis Vuitton reported a 15 percent surge in sales for its first quarter, citing strong demand for spirits, jewelry, fashion and cosmetics.
The French luxury group reaped $4.38 billion in sales for the quarter ended March 31.
Watch and jewelry sales jumped 23 percent, while sales of fashion and leather goods increased by 14 percent.
Perfume and cosmetics sales climbed 18 percent with a boost by Dior’s Capture Totale makeup and skin care, LVMH said.
Posted by Blacks on April 20, 2006 04:01 PM
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