LVMH profits soar but Vuitton profits flat
17/09/2004
French luxury goods firm, LVMH, Moet Hennessy Louis Vuitton has reported a 49% jump in profits for the first half of 2004. Profits for the group reached €396 million ($486 million) compared with €265 million for the same period in 2003.
Although results across the group beat expectations, not all sectors fared equally well, with Louis Vuitton producing flat results.
On a more positive note, Louis Vuitton has opened a new store at the
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