LVMH sales up 12% in third quarter 2017

LVMH reported a 12% increase in third-quarter sales and said the launch of Fenty Beauty had seen an exceptional start

French group LVMH reported a 12% increase in organic sales to €10.38bn for the third quarter of 2017. For the first nine months sales also rose 12% to €30.01bn. All the group’s divisions recorded double-digit organic growth, with the exception...

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