Company Earnings Update 2 minutesRegister for Free AccessLVMH (ENXTPA: MC) 1Q19 Update: Achieves Double-Digit Organic Sales Growth, Led by the Fashion and Leather Goods Group Coresight Research April 12, 2019 Executive Summary LVMH reported 1Q19 sales of €5 billion, with 11% year-over-year organic growth, or growth of 16% on a reported basis. Revenues at the company’s fashion and leather goods group rose 15% in constant-currency terms, or 20% on a reported basis, to €5.1 billion, setting the pace at LVMH. Louis Vuitton and Christian Dior had an exceptional 1Q19, according to management on the investor call, outperforming the fashion and leather goods group brand portfolio. Both the perfumes and cosmetics and wine and spirits groups achieved 9% constant-currency growth in 1Q19, followed by selective retailing at 8%, and watches and jewelry at 4%. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: April 2023 US Housing Market Indicators: All Home Sales See Year-Over-Year DeclinesUS Department Stores—Retail 2024 Sector Outlook: Soft Sales Growth; Opportunities in Different Store Formats and Alternative ModelsOctober 2023 China Retail Sales: Year-over-Year Growth Rate Continues To ImproveConsumer Sentiment Remains Low: China Consumer Survey Insights