Revenues rose 6% to 13.695 billion euros from 12.966 billion euros a year earlier, while organic sales growth (excluding changes in exchange rates and buying / selling business) was 8%.
The most significant increase in the first half of the year was the sales of retail stores (Sephora, DFS and Le Bon Marche) - by 17%, to 4.215 billion euros (organic growth - 19%). The permission to trade at the Hong Kong airport, received in 2012, had a significant positive impact on this segment, the company said in a statement. In addition, Sephora opened a flagship store in Shanghai and began expanding its business in India.
Sales of alcoholic beverages increased by 3% to 1.808 billion euros (organic growth of 5%). In particular, Hennessy brandy sales grew by 3%.
The revenue of LVMH's clothing and bags business unit increased 1% to 4.711 billion euros, while organic growth was 5%.
The segment of perfumery and cosmetics showed an increase in revenue of 4% to 1.804 billion euros (organic growth of 6%), in particular, due to good sales figures of brands such as Miss Dior and J'adore, according to a press release.
Meanwhile, sales of watches and jewelry in January-June decreased by 3% to 1.31 billion euros.
LVMH Moet Hennessy Louis Vuitton, controlled by the French billionaire Bernard Arnault, is the world's largest luxury manufacturer, including accessories (Louis Vuitton and Fendi), cognac, champagne (Moet & Chandon, Dom Perignon and Veuve Cliquot), watches (TAG Heuer, Hublot , Zenith), jewelry (Chaumet, Fred, as well as a joint venture with De Beers), clothes (Givenchy, Loewe, Donna Karan, Marc Jacobs, etc.), perfumes and cosmetics (Christian Dior, Guerlain, Givenchy, Kenzo , a chain of Sephora stores). The number of stores in the world exceeds 3,2 thousand, the number of employees - 87 thousand people, about 70% of which work outside of France.
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