Positive Q3 results at LVMH - leatherbiz: Leading news site for the gl Leatherbiz

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Positive Q3 results at LVMH

23/10/2006

France-based luxury goods company LVMH Moët Hennessy Louis Vuitton has reported revenues of €10.6 billion for the first nine months of 2006, reflecting organic growth of 11% compared with the same period in 2005.

The Fashion & Leather Goods business group achieved 11% organic revenue growth during the period. The sector performed particularly well in Europe and in Asia and continued its strong momentum in the US. Its new Monogram Mini Lin line as well as its handbags, such as the Lockit and the Speedy, continues to sell well. Fendi also experienced rapid growth.



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