Tourism recovery triggers growth for DFS
1-Nov-2005
INTERNATIONAL. Announcing its nine-month results, LMVH Moët Hennessy-Louis Vuitton said DFS Group had continued to make "good progress" thanks to a recovery in tourism in key markets and a strong management strategy
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LVMH reported a 12% year-on-year sales increase from January to September for its Selective Retailing division, which incorporates DFS Group and beauty retailer Sephora.
In a statement, the company said:
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(18-Oct-2005) - DFS Group parent company LVMH reports continued progress in the first nine months of 2005, with sales in its Selective Retailing division reaching Eu2.55bn ($3.08bn)
(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.
(15-Apr-2004) - INTERNATIONAL. A revival in tourism at popular Asian locations helped DFS Group to post a rise in US dollar sales in the first quarter of 2004, said parent company LVMH Moët Hennessy-Louis Vuitton last week
(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.
(1-May-2006) - INTERNATIONAL. LVMH Moët Hennessy–Louis Vuitton reported €3.6bn ($4.3bn) in revenue in the first quarter of 2006, representing 15% year-on-year growth

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Tourism recovery triggers growth for DFS