LVMH nine months revenue up by 10%

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16-Oct-2018

LVMH Moët Hennessy Louis Vuitton recorded a 10% increase in revenue, reaching € 33.1 billion in the first nine months of 2018. 

During this period the Watches & Jewelry business group achieved organic revenue growth of 14%. Bvlgari had an excellent performance and gained market share. Its iconic jewelry  and  watch  collections  Serpenti,  Diva,  B.Zero1,  Lvcea  and  Octo  showed  strong momentum; the new Wild Pop high-end jewelry line, launched at the beginning of the summer, continued  to  grow.  Chaumet and Fred progressed steadily.  In the watchmaking sector, TAG Heuer continued to develop its iconic lines. Hublot, which grew strongly, opened its first stand-alone boutique in London.

 

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