In Brief: LVMH
This article was originally published in The Rose Sheet
Executive Summary
LVMH: Moet Hennessy Louis Vuiton reports a 13% sales increase for its perfume and beauty product segment during the first nine months of 1995 (ended Sept. 30) to $1.31 bil. (FFr $6.41 bil.) based on the Sept. 29 exchange rate of $1 = FFr 4.92. The company attributes the segment growth to recent launches such as Dior Svelte anti-cellulite cream. LVMH's perfumes and beauty products segment continues to be the firm's largest business, accounting for one-third of the company's nine-month sales of $4.15 bil...
LVMH: Moet Hennessy Louis Vuiton reports a 13% sales increase for its perfume and beauty product segment during the first nine months of 1995 (ended Sept. 30) to $1.31 bil. (FFr $6.41 bil.) based on the Sept. 29 exchange rate of $1 = FFr 4.92. The company attributes the segment growth to recent launches such as Dior Svelte anti-cellulite cream. LVMH's perfumes and beauty products segment continues to be the firm's largest business, accounting for one-third of the company's nine-month sales of $4.15 bil.... |