LVMH sales increase 11% in Q1
French luxury products group, LVMH Moët Hennessy Louis Vuitton, has reported an organic sales growth of 11% in the first quarter of 2005 taking consolidated sales to €3,082 million for the period, with all of the company’s business areas achieving double-digit growth.
In Fashion & Leather Goods, Louis Vuitton continued to achieve double-digit growth. The company stated that the brand has continued to grow in the
Among the other fashion brands, Celine, Marc Jacobs, Pucci and Berluti all enjoyed a good start to the year and Fendi achieved double-digit sales growth in its stores.