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July 25, 2006
LVMH Signals Continued Life In Luxury
Luxury group LVMH Moet Hennessy Louis Vuitton reported a 10.5% jump in second quarter sales to $4.3 billion Tuesday, led by sales of handbags, watches and champagne.
Results at the Paris-based company signal continued strength in the luxury goods sector.
LVMH said that it saw strong growth across all categories and geographical regions, boosting its quarterly sales beyond analysts’ expectations.
Posted by Blacks on July 25, 2006 10:59 AM
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