LVMH reports growth in first-half of 2019, including Watches & Jewelry Division

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29-Jul-2019

LVMH recorded revenue up 15% over the period with solid growth in all divisions, although with slower figures for the Watches & Jewelry division. The group reports a remarkable momentum at Louis Vuitton (the brand), remarkable performance of Christian Dior Couture and rapid progress of LVMH’s perfumes and cosmetics. LVMH’s Watches (TAG Heuer, Hublot and Zenith) & Jewelry (Bvlgari and Chaumet), the group indicates “good progress in jewelry, in particular for Bvlgari“. The whole division records sales up 4% (organic) at EUR 2.135 billion over the first half of 2019. “Bvlgari made good progress in its stores and continued to gain market share,” says the group.

 

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