LVMH records gain in beauty sector

Source：Happi Asia Release Date：2014-07-29 370

Personal Care

First half performance in Asia and U.S. continues to grow, reports luxury goods firm

LVMH recorded revenue of €14 billion in the first half of 2014, an increase of 3 percent. Organic revenue growth was 5% compared to the same period in 2013, as the luxury goods firm said markets in Asia and United States continued to grow while Europe remained resilient.

Regional trends were comparable over the first and second quarter, with organic growth of 3%, with the exception of Japan, which had experienced particularly strong growth during the first quarter.

Perfume and cosmetics sales rose 2% to €1.8 billion in the first half. The make-up segment also experienced sustained growth.

Parfums Christian Dior continued to benefit from the growth of its iconic perfumes J’Adore and Dior Homme.

Over the period, Guerlain continued its progress with the ongoing success of La Petite Robe Noire and the rapid development of Orchidйe Impйriale and Abeille Royale.

Benefit, Make Up For Ever and Fresh confirmed “their excellent performance,” LVMH said.Mercurial Victory CR7 Low