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In Brief: LVMH

This article was originally published in The Rose Sheet

Executive Summary

LVMH: Fragrance and cosmetics sales increase 6% to $704.1 mil. for the first half of 1997 (based on a June 30 exchange rate of $1=FFr 5.9), the luxury goods company announced Aug. 13. The company cited Givenchy's Organza fragrance and new product launches, including Christian Dior's Mascara Flash, as important contributors to the revenues advance. Consolidated sales were up 61.5% to $3.67 bil. for the period...
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