LVMH reports an increase of 26% in the first half revenue

LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €13 billion in the first half 2012, an increase of 26%. Organic revenue growth was 12%. “All business groups contributed to this performance, which is even more remarkable coming on top of the strong growth in first half of 2011. The … Read more

BMW Group sold more cars in March than in any other month in history. Record Rolls-Royce sales in first quarter

BMW sold more cars in March than in any other month in history. Record Rolls-Royce sales in first quarter. The BMW Group sold more vehicles in March than in any other month in its history. The company sold a total of 185.728 BMW, MINI and Rolls-Royce vehicles in the past month, not only significantly exceeding … Read more

Samsung Group to invest record $41.56 billion in 2012

South Korea’s Samsung Group announced it would invest a record 47.8 trillion won ($41.56 billion) in 2012 and hire an all-time high of 26,000 new employees despite global economic gloom. The country’s largest conglomerate said in a AFP statement that despite the worldwide uncertainty it wants to expand future growth engines and contribute to the … Read more