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LVMH group sales growth of 12% in the first quarter this year perfume and cosmetics
by：Lisson
2020-11-25
The world's biggest luxury group LVMH (
LVMH)
In the first quarter sales.
Hundred million euros, year-on-year growth %, far higher than analysts had expected sales.
Hundred million euros, growth % of data.
Reported that, in consideration of uncertainty factors in the economic recovery in the middle of the communique stressed that 'will continue to strictly control the cost and investment of choice'.
Data showed that affected by the crisis's biggest wine and spirits and the business department of watches, after a consecutive quarter of falling sales, at the beginning of a recovery.
In the first quarter, wine and spirits in the growth of sales of %, and the same period last year dropped %;
Watches and jewelry sales growth %, in the same period last year dropped to %.
The group's profit core products are rovio's flagship brand of fashion and leather goods, withstand the test of the crisis, in the first quarter sales growth %, above analysts' estimates.
Perfumes and cosmetics sales growth %;
Selective distribution increased by %.
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