LVMH takes markets by surprise with 12% increase in sales
16/07/2001
The French luxury goods empire LVMH (Moët Hennessy Louis Vuitton) last week posted a better-than-expected 12% increase in sales for the first half of 2001, with the biggest gains being recorded in its fashion and leather goods division where revenue increased by 18% to $1.75 billion.
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