LVMH exceeds market expectations

Published: 30-Jul-2008

Luxury products group LVMH, whose interests range from champagne to cosmetics, has exceeded market expectations with a 12% increase in sales to €7.8bn for the second quarter of 2008. The result follows other growth reports from the luxury products area despite the weakening economic background.


Luxury products group LVMH, whose interests range from champagne to cosmetics, has exceeded market expectations with a 12% increase in sales to €7.8bn for the second quarter of 2008. The result follows other growth reports from the luxury products area despite the weakening economic background.

President of LVMH, Bernard Arnault said the company had demonstrated once more that it could succeed in growing strongly in sales and profits whatever the environment or the state of the economy.

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