LVMH revenue
This article was originally published in The Rose Sheet
Executive Summary
Fragrance and cosmetics sales grew 16% to approximately $434.9 mil. (499 mil. euro) in the third quarter and jumped 20% to $1.22 bil. (1.4 bil. euro) through nine months, the company announces Oct. 12. Sales were boosted by the continued growth of Christian Dior's j'adore women's fragrance and Guerlain's Mahora. Givenchy's Hot Couture and Flower by Kenzo had "very promising launches," LVMH adds. Consolidated sales were up 35% to roughly $2.94 bil. ([Euro]2.86 bil.) and earnings leaped 38% to $6.88 bil. ([Euro]7.89 bil.)