The world luxury leader impressed once again, outperforming the market with 6% organic growth in Q3 16 to €9,138m. The performance was underpinned by positive momentum experienced by Perfumes & Cosmetics and Selective Retail growing by 10% and 8% respectively. Wines & Spirits slowed to an organic rise of 4% compared to 9% in H1. The Fashion segment accelerated by 5%, while sales were flat in the first half of the year. Watches & Jewellery products maintained the constant grow
11 Oct 2016
The expansion bears fruit amidst a challenging context
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
The expansion bears fruit amidst a challenging context
LVMH Moet Hennessy Louis Vuitton SE (MC:WBO) | 0 0 0.9% | Mkt Cap: 125,021m
- Published:
11 Oct 2016 -
Author:
Rim BEN SALAH -
Pages:
2
The world luxury leader impressed once again, outperforming the market with 6% organic growth in Q3 16 to €9,138m. The performance was underpinned by positive momentum experienced by Perfumes & Cosmetics and Selective Retail growing by 10% and 8% respectively. Wines & Spirits slowed to an organic rise of 4% compared to 9% in H1. The Fashion segment accelerated by 5%, while sales were flat in the first half of the year. Watches & Jewellery products maintained the constant grow