LVMH beats expectations with revenue rise
10/04/2014
The fashion and leathergoods business grew 9%, which was seen as a strong result in a challenging economic environment.
Louis Vuitton’s leather lines “continue their development” and handbag brand Fendi opened a flagship store in Munich.
“In an economic environment which remains uncertain in Europe, LVMH will continue to focus its efforts on developing its brands, will maintain a strict control over costs and will target its investments on the quality, the excellence and the innovation of its products and their distribution,” it said in a statement.
Image: Louis Vuitton commissioned artist Billie Achilleos to make animal sculptures out of its bags
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