Company Earnings Update 2 minutesRegister for Free AccessLVMH (ENXTPA: MC) 3Q19 Update: Fashion & Leather Goods Set the Pace Coresight Research October 14, 2019 Executive Summary LVMH reported 3Q19 sales of €13.3 billion, a 17.0% increase on a reported basis, or 11.0% growth on a comparable basis. By division, the Fashion & Leather Goods business grew sales 22.2% compared to the year-ago period, Wines & Spirits sales rose 10.7% and the Perfumes & Cosmetics category was up 9.3%.The growth of Selective Retailing trailed the group. By geography, Japan was the best-performing market, experiencing 20% growth. Sales rose 12% in Asia (excl. Japan), 8% in the US (excl. Hawaii) and 11% in Europe. 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: Consumer Sentiment Remains Low: China Consumer Survey InsightsCoresight Bites: US Store Openings and Closures—2022 Review and 2023 OutlookDigitally Native Vertical Brands in the US Beauty Market: Unique Brand Positioning and Expanded Partnerships Fuel Growth1Q24 US Earnings Season Wrap-Up: Many Retail Companies Post Strong Sales Results
