its iconic handbag baguette experienced a record Excellent performance for LVMH in 2012
LVMH Mot Hennessy Louis Vuitton, the world's leading luxury products group, recorded revenue of 28.1 billion in 2012, an increase of 19% compared to 2011. This includes the integration of Bulgari as of June 30, 2011. Organic revenue growth was 9%. All business groups saw cheap replica handbags excellent momentum in Europe, Asia and the United States. Louis Vuitton, in particular, once again recorded double digit revenue growth during the year. Revenue increased by 12% in the fourth quarter, compared to the same period in 2011, with organic revenue growth of 8%. The last quarter saw a modest increase in growth compared to the third quarter of 2012.
Profit from recurring operations increased by 13% to 5 921 million, a performance which is even more remarkable when compared to the strong growth in 2011. Current operating margin was 21% in 2012. Group share of net profit was 3 424 million, an increase of 12% compared to 2011.
Bernard Arnault, Chairman and CEO of LVMH, said: was another remarkable year for LVMH, especially in the context of the economic slowdown in Europe. All of our businesses demonstrated excellent momentum driven by innovation and the quality of their products, thereby strengthening their positions in traditional markets while continuing to develop in new ones. Looking beyond the appeal of our brands, it is the talent of our teams and their motivation that enables us to so effectively execute our strategy. In 2013, LVMH intends to further strengthen its global leadership position Fake Louis Vuitton Replica Bags in high quality products by relying on its sound, long term strategy. Spirits: strong growth in vintages and prestige qualities
The Wines Spirits business group recorded organic revenue growth of 11%. Profit from recurring operations increased by high quality designer replica handbags wholesale 14%. Continuing the favorable trend for the wines and spirits market in 2011, demand remained strong in 2012. In addition to volume growth, improved product mix and a policy of adjusted price contributed to this excellent performance. Champagne recorded a strong performance in its ros and prestige vintages. Sparkling and still wines from Estates Wines experienced strong new growth. Hennessy cognac saw a very good year for all its qualities and in all regions. while the single malt whiskeys Glenmorangie and Ardbeg recorded rapid increases in their key markets. All maisons in this business group thus benefit fully from their value enhancing strategy, based on the image of their brands and fake designer bags the strength of their distribution network.
Fashion Leather Goods: excellent performance from Louis Vuitton and other brands
fake designer bags The Fashion Leather Goods replica louis vuitton business group recorded organic revenue growth of 7% in 2012. Profit from recurring operations increased by 6%. Louis Vuitton, which had another record year, increased its lead over other artisanal brands of leather goods. With double digit revenue growth, Louis Vuitton maintained its historic strategy based on the extraordinary quality of its products and its excellent distribution. The Maison continues to record an exceptional level of profitability in a context of sustained investment dedicated to strengthening its savoir faire. The opening of its first dedicated jewelry boutique complete with its first Haute Joaillerie workshop replica designer handbags at Place Vendme in Paris and the reopening of the Maison Louis Vuitton in Shanghai are among the highlights of the year. Fendi continued the qualitative expansion of its distribution network. Its iconic handbag Baguette experienced a record year on its 15th anniversary. As the brand continues to strengthen its identity, Cline showed excellent performance in all its products and in all geographic areas. Profit from recurring operations increased by 17%. Parfums Christian Dior saw excellent performance driven by the strength of flagship lines, notably Miss Dior and J'adore. Dior Addict Lipstick confirmed its leadership 1:1 replica handbags position in its main markets and the skin care line Prestige continued its sustained growth. Guerlain continued to see strong growth momentum attributed notably to the performance of its new fragrance La Petite cheap louis vuitton bags from china Robe Noire. Parfums Givenchy saw strong growth in its makeup line due to broader distribution and the success of its mascara Noir Couture. Benefit, Make Up For Ever and Fresh continued their strong growth.
Watches Jewelry: strong progress in iconic lines and development of industrial capacity
The Watches Jewelry business group recorded organic revenue growth of 6% in 2012. Profit from recurring operations rose 26% notably due the performance of Bulgari, consolidated as of 30 June 2011. LVMH watch brands experienced good momentum supported by many innovations and the excellent performance of their iconic models Carrera by replica louis vuitton bags TAG Heuer, King Power by Hublot and El Primero by Zenith. Chaumet and Fred continue to develop their star collections.
Selective Retailing: rapid growth thanks to its innovative product and service offering
The Selective Retailing business group recorded organic revenue growth of 14% in 2012. Profit from recurring operations increased by 19%. Due to its strong commitment to the quality of its stores, DFS benefitted from momentum among Asian customers. Three major concessions were won in 2012 at Hong Kong Airport and the concession at Los Angeles Airport was renewed. The opening in Hong Kong of a third Galleria is also a key highlight of the year. Sephora continued to achieve an excellent level of performance and made fake designer bags market share gains across all its regions. Online revenue is growing strongly. In Europe, new stores opened for the first time in Denmark and replica louis vuitton handbags Sweden. In the United States, the renovation of several flagship stores in New York strengthened the appeal of the brand. Sephora continued its expansion in China while accelerating the renovation of its existing network. Its first stores were opened in the high potential markets of Brazil and India.
Favorable outlook for LVMH in 2013

Despite an uncertain economic environment in Europe, LVMH is well equipped to continue its growth momentum across all business groups in 2013. The Group will maintain a strategy focused on developing its brands by continuing to build up its savoir faire, as well as through strong innovation and expansion in fast growing markets. Bookmark the permalink. 


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