The Moët Hennessy Louis Vuitton group, the world””s leading producer of luxury goods, recorded a turnover in the first quarter of 2008 of 4.0 billion euros, an increase of 5% compared to the same period last year. Organic growth, i.e. based on comparable structure and exchange rates, was 12%.
In terms of sectors of activity, watches and jewellery top the rankings with an increase of 12% to 211 million euros, compared to 189 million in the first quarter of 2007 (organic growth: +19%). Next come perfumes and cosmetics (+8% to 717 million), selective distribution (+8% to 1,011 million) and fashion and leather goods (+7% to 1,445 million). Wines and spirits bring up the rear with a decline of 7% to 640 million euros.

May 6th, 2008
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