LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, achieved revenue of 3.6 billion euros in the first quarter, representing growth of 15% over the same period last year - a comparative period where revenue had also seen double-digit growth.

Fashion & Leather Goods revenue grew 14 % over the quarter. Louis Vuitton continued to deliver double-digit organic revenue growth, recording exceptional progress in the US and in Asia. Europe also saw rapid progress, notably due to a strong performance from the new Maison on the Champs Elysées.

New leather good products, alongside the traditional lines, were very well received with several models quickly moving to waiting lists.

Fendi continued its rapid expansion and its leather goods revenue grew strongly over the period. The Spy range and the B.Fendi collections are two examples of the brand’s excellent potential and improvements in the distribution network continue. The group’s other brands enjoyed a very good start to the year.

Parfums Christian Dior increased its momentum around the world, notably due to the extraordinary success of the Capture Totale skincare range and its make-up lines.

In perfumes, existing products continue to grow well and contributed to the strong revenue growth. Guerlain benefited from the excellent launch of its new Orchidée Impériale skincare product and further progress with the KissKiss make-up range.

Revenue of Parfums Givenchy was driven by ‘vintage’ expressions of its Organza, Amarige and Very Irresistible lines.

BeneFit Cosmetics recorded another period of double-digit revenue growth.

 

 

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