The parent company of luxury retailers Louis Vuitton, Dior, Bulgari and Marc Jacobs has revealed “an excellent first half” as it grew across all geographical areas. LVMH, otherwise known as LVMH Moet Hennessy Louis Vuitton, posted a revenue rise of 15 per cent to £17.55 billion, with organic revenue growth of 12 per cent in the first half of 2017. Profit from recurring operations also shot up 23 per cent to £3.21 billion.
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LVMH Moet Hennessy Louis Vuitton sees profits rise across the board