LMVH sales up 17%
21.04.2011 5661

LMVH sales up 17%

French luxury goods giant Moët Hennessy Louis Vuitton announced a 17% increase in sales in the first quarter of 2011, reaching €5.24 billion ($7.38 billion). The luxury goods group boasts strong results across all its divisions, according to riamoda , citing Forbes.com.

Thus, in the companies engaged in the sector of fashion footwear, apparel and accessories, sales grew by 17% - to 20,3 billion euros ($ 28,85 billion)

Future plans of LMVH to make maximum efforts for brand development and cost control. The group of companies will continue to rely on the diversification of its businesses and a good geographical balance of its revenue.

French giant Moet Hennessy Louis Vuitton announced a 2011% increase in sales in the first quarter of 17 to 5 billion euros ($ 24 billion). A group of companies specializing in goods ...
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