Leather goods boost LVMH sales
The luxury goods group, Moët Hennessy Louis Vuitton (LVMH), has posted a 6% increase in its first quarter sales to Eur2.8 billion, shrugging off global concerns over the
The French firm says the results, which exceed its own growth expectations, were fuelled by the exceptional success of its Louis Vuitton leather goods division, which achieved a double digit increase in sales. The group says the strong sales were generated by the success of the new bag collection by Japanese artist Takashi Murakami. The Celine ‘Poulot handbag’ and the Loewe, Marc Jacobs, Pucci and Berluti fashion and leather collections also performed well. The Louis Vuitton range sold particularly well in the