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LVMH earns 12% growth in Q1 of 2008
Is optimistic about increasing its sales throughout 2008
By: Diamond World News Service
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Apr 16 2008 8:15PM
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Reference: 2518  

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LVMH Moët Hennessy Louis Vuitton has announced its performance results for the first quarter of 2008. Its combined watch and jewellery sales have shown an increase of 12% y-o-y to amount to €211 million. The overall group revenues also scaled up by 5% to amount to €4.002 billion, seen in markets of Asia, the US and Europe. The company is hopeful to rely on its creativity and expansion into new markets, which will show it a growth in 2008.

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