DFS starts to feel the economic heat

(1-Mar-2003) - By Dermot DavittINTERNATIONAL. DFS Group broke even in 2002 as the company cut costs, restructured its product lines and renegotiated concessions, according to parent company LVMH Moët Hennessy-Louis Vuitton in results announced on March 6. Arnault said he would wait until profits improved further before deciding on a sale.

(2-Oct-2003) - The negative effect of SARS on travel and spending patterns in crucial Asian markets has taken its toll on LVMH Moët Hennessy-Louis Vuitton?s leathergoods brands in the first half of 2003.

(23-Oct-2003) - By Dermot DavittINTERNATIONAL. DFS Group is likely to break even and could even make a small profit this year, according to parent company LVMH Moët Hennessy-Louis Vuitton.

(6-Sep-2006) - LVMH Moët Hennessy-Louis Vuitton reports a 24% increase in profits at its Selective Retailing division, with DFS overcoming a decline in the value of the yen through rigorous cost control and growing its Asian customer base

(2-Aug-2003) - Disappointing first-half results for French luxury group LVMH Moët Hennessy-Louis Vuitton showed once more that fashion and leathergoods remains the most resilient of the company?s product sectors.