At constant exchange rates, profit increased 19% in 2006.

Fashion & Leather Goods recorded organic revenue growth of 11% in 2006 and profits also increased by 11% to €1,633 million. Louis Vuitton achieved double-digit organic revenue growth once again and performed well across Europe, Asia and the USA. New leathergoods products, launched this year, such as Mini Lin, Monogram Groom, Miroir and Damier Azur, also performed well. The inauguration of  Louis Vuitton’s ‘Maison’ in Taipei, the new store in Macao and the first operations of the brand in Ukraine, Hungary and Norway, further contributed to the brand’s growth.

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