LVMH Watches and Jewelry division first –half 2018 results on rise

LVMH (Louis Vuitton Moët Hennessy) has recently announced its First-Half 2018 results. After showing strong results at the end of the year 2017, the group continues its progression, both in terms of sales and profitability. As for the Watches and Jewelry Division, the brands under portfolio follow the same trend, with a strong growth again for sales and profits. Overall LVMH, the leading luxury group in the world, continues to impress with a substantial increase of its sales – over €21 billion and a +10% increase compared to the same period in 2017 – and of its profits – with over 27% of growth compared to the first half of 2017.