Growth continues at LVMH
13/10/2008
Luxury goods retailer LVMH Moët Hennessy Louis Vuitton has recorded revenues of €12 billion ($16.3 billion) in the first nine months of 2008. Organic revenue grew 10% compared with the same period in 2007.
In the third quarter of 2008, LVMH achieved annual organic revenue growth of 6%, particularly impressive following strong growth reported in the same period in 2007. Growth was largely driven by the Louis Vuitton segment.