Biggest Luxury Group Acquires Italian Jewelry Producer To Significantly Increase Production Capacity

LVMH strengthens its position in jewelry with the acquisition of Pedemonte. LVMH Group announces the acquisition, from the Equinox III SLP SIF investment fund, of the Pedemonte Group, a jewelry producer present in Italy and France. This strategic operation for the Watches & Jewelry Division and its jewelry Maisons will allow the Group to significantly … Read more

LVMH’s sales continued to show strong momentum. 22% increase in revenue for the first 9 months of 2012

LVMH: 22% Increase in Revenue for the First Nine Months of 2012 LVMH’s Beauty Sales Remain Strong  LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €19.9 billion for the first nine months of 2012, an increase of 22% on the comparable period in 2011. After taking into account the … Read more