LVMH Q1'14 organic revenue climbs 6%

In Selective Retailing, organic revenue growth stood at 10% in the first quarter of 2014. DFS performed well, supported by the ongoing development of tourism in Asia, despite a drop in spending by Japanese tourists due to the weakness of the Yen. Macao and Hong Kong destinations recorded strong gains, notably thanks to the excellent start to the year of the Hong Kong International airport concessions. 

 

LVMH Moët Hennessy Louis Vuitton, the world's leading high quality products group, recorded a 4% increase in first quarter 2014 revenue to 7.2 #

Sephora continues to gain market share in all regions. Its progress is particularly rapid in Asia, the Middle East as well as North America, where online sales grew strongly. The Marc Jacobs make-up line, exclusively available at Sephora, was successfully rolled out in Europe.

 

LVMH Moët Hennessy Louis Vuitton, the world's leading high quality products group, recorded a 4% increase in first quarter 2014 revenue to 7.2 #

In an economic environment which remains uncertain in Europe, LVMH will continue to focus its efforts on developing its brands, will maintain a strict control over costs and will target its investments on the quality, the excellence and the innovation of its products and their distribution. The Group will rely on the talent and the motivation of its teams, the diversification of its businesses and the good geographical balance of its revenue to increase, once again in 2014, its leadership of the global high quality goods market.

 

LVMH Moët Hennessy Louis Vuitton, the world's leading high quality products group, recorded a 4% increase in first quarter 2014 revenue to 7.2 #