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Leathergoods help LVMH to a record 2012

01/02/2013

Luxury goods group LVMH recorded revenues of €28.1 billion in 2012, an increase of 19% over 2011. The fashion and leathergoods business – mainly Louis Vuitton, which accounts for half group operating profit – reported a 6% rise in profit to €3.3bn “Fendi continued the qualitative expansion of its distribution network. Its iconic handbag Baguette ...

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