LVMH Moët Hennessy Louis Vuitton luxury group reported a 25% increase in first quarter 2012 revenue to 6.6 billion Euros
In Fashion & Leather Goods, Louis Vuitton continued its double-digit growth (+ 17 %). The Wines & Spirits business (+ 22 %) as well as that of Perfumes & Cosmetics (+ 12 %) saw an acceleration in revenue growth compared to the trends seen in the fourth quarter of 2011. Watches & Jewelry (+141 %) and Selective Retailing continued their rapid growth.
The Watches & Jewelry business group recorded organic revenue growth of 17% in the first quarter of 2012. All LVMH brands enjoyed good momentum in Europe and expansion of the store network continued in Asia. With an increase in retail orders compared to last year, the new watches presented at Basel were very well received, most particularly TAG Heuer’s Link Lady, Hublot’s early models made with its new Magic Gold and Zenith’s Pilot Aéronef. In jewelry, Bulgari had an excellent start to the year, led by the remarkable performance of its Serpenti collection. Chaumet registered good growth in its Asian distribution network.
In Perfumes & Cosmetics, organic revenue growth stood at 9% in the first quarter of 2012. Christian Dior continued to benefit from the impressive momentum of its leading perfumes J’Adore, Miss Dior and Dior Homme. Skincare and makeup also contributed to this strong performance thanks to the growth of Dior Prestige and Dior Addict.
LVMH Moët Hennessy Louis Vuitton is represented in Wines and Spirits by a portfolio of brands that includes Moët & Chandon, Dom Pérignon, Veuve Clicquot Ponsardin, Krug, Ruinart, Mercier, Château d’Yquem, Hennessy, Glenmorangie, Ardbeg, Vodka Belvedere, 10 Cane, Chandon, Cloudy Bay, Terrazas de los Andes, Cheval des Andes, Green Point, Cape Mentelle, Newton, Wen Jun.
Its Fashion and Leather Goods division includes Louis Vuitton, the world’s leading luxury brand, as well as Céline, Loewe, Kenzo, Givenchy, Thomas Pink, Fendi, Emilio Pucci, Donna Karan, Marc Jacobs and Berluti.
LVMH is present in the Perfumes and Cosmetics sector with Parfums Christian Dior, Guerlain, Parfums Givenchy, Parfums Kenzo, Perfumes Loewe as well as other promising cosmetic companies (BeneFit Cosmetics, Make Up For Ever, Acqua di Parma and Fresh). LVMH is also active in selective retailing as well as in other activities through DFS, Sephora, Le Bon Marché, Samaritaine and Royal Van Lent. LVMH’s Watches and Jewelry division comprises Bulgari, TAG Heuer, Chaumet, Dior Watches, Zenith, Fred, Hublot and De Beers Jewellery, a joint venture created with the world’s leading diamond group.