LVMH sales rise again

26/07/2013
An increase in demand for leathergoods helped boost sales at French luxury group LVMH, which saw an 8% increase in the first half compared with last year.

Profit from rose 2% to EUR 2.7 billion at the group, which owns Louis Vuitton and Loewe.

Bernard Arnault, chairman and CEO, said: “It is with confidence that we approach the second half of the year and rely on the creativity and quality of our products, as well as the effectiveness of our teams, to pursue further market share gains in our traditional markets as well as in high potential emerging territories.”