LVMH reports record sales in 2004
French luxury group LVMH Moët Hennessy Louis Vuitton has reported record sales in 2004. Group sales reached €12.6 billion in 2004, an increase of 11% over 2003. Operating income also rose by around 10%.
Fashion and leather goods recorded sales growth of 10% in 2004. Louis Vuitton achieved double-digit sales growth, reporting exceptional performances in the