Beauty Industry

LVMH Reports Growth

The company reports an 8% increase in revenue.

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By: Jamie Matusow

Editor-in-Chief

LVMH Moët Hennessy Louis Vuitton is reported a revenue of €20.7 billion for the first nine months of 2013. This is an increase of over 4% over the comparable period in 2012, and organic revenue grew by 8%.

The Perfumes & Cosmetics business group registered organic revenue growth of 5% for the first nine months of 2013.

Parfums Christian Dior continued its growth, fuelled by the performance of its iconic products and its innovations. The continued success of J’Adore and Dior Homme and the development of Rouge Dior makeup were among the highlights of the last quarter.

At Guerlain, a new campaign was devoted to the iconic fragrance Shalimar while La Petite Robe Noire celebrated its first anniversary. Fresh, Benefit and Make Up For Ever continued to record good growth, particularly in Asia where the brands are expanding their distribution.

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