LVMH Posts 8 Percent Jump in Nine-Month Sales - JB News Feed
Luxury goods giant LVMH Louis Vuitton Moet Hennessy SA on Monday posted an 8 percent jump in nine-month sales, boosted by resilient global demand for high-end products.
Sales for the first nine months rose to euro11.45 billion (US$16.23 billion) from euro10.63 billion a year ago. The company released only nine-month sales figures.
Sales at the fashion and leather goods division, home to the prestigious Emilio Pucci and Givenchy brands, rose 8 percent to euro4.02 billion (US$5.7 billion), or up 14 percent on a like-for-like basis, for the first nine months.
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