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Strong growth for LVMH jewelleryStrong growth for LVMH jewellery
1-Oct-2006
Luxury goods group LVMH Moët Hennessy–Louis Vuitton has posted double-digit growth in profit for the first half of 2006, with the Watches and Jewelry division performing particularly well
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Profits from watches and jewellery reached $47m in the first half, up by 164% on the same period in 2005.
Recurring operating margin in the sector more than doubled, exceeding
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(4-Feb-2003) - Moët Hennessy-Louis Vuitton (LVMH) has announced consolidated sales in 2002 of Eur12.7bn ($13.5bn), a rise of 4% over 2001 following accelerated growth in the final quarter.
(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
(15-Mar-2004) - INTERNATIONAL. Boosted by an improved performance from its retail division, LVMH Moët Hennessy-Louis Vuitton achieved a 9% increase in operating income for 2003, amounting to E2.2bn ($2.75bn) on sales of E12bn ($15bn).
(20-Jan-2006) - The retailer's parent company LVMH Moët Hennessy-Louis Vuitton reports sales of Eu14bn in 2005, helped by revenue growth of 11% in its Selective Retailing division
(1-Oct-2004) - Fashion stands still at LVMH: The Fashion and Leathergoods division of French luxury goods group LVMH Moët Hennessy-Louis Vuitton has shown a first-half operating profit of Eu634m ($773m), unchanged from last year.