In Perfumes and Cosmetics, Parfums Christian Dior increased its momentum around the world, notably due to the extraordinary success of the Capture Totale skincare range and its make-up lines.
In perfumes, existing products continue to grow well and contributed to the strong revenue growth. Guerlain benefited from the excellent launch of its new Orchidée Impériale skincare product and further progress with the KissKiss make-up range. Revenue of Parfums Givenchy was driven by 'vintage' expressions of its Organza, Amarige and Very Irresistible lines. BeneFit Cosmetics recorded another period of double-digit revenue growth.
Watches & Jewelry had an excellent start to the year (+ 23 percent) compared to the same period last year which also grew very strongly. All regions did very well. The Basel International Watch Fair saw the launch of the latest models from TAG Heuer, Zenith and Montres Dior, which resulted in a marked increase in orders.
In Selective Retailing, DFS continues to benefit from the rapid evolution of Chinese tourism. The Okinawa Galleria did well with its Japanese clientele. Sephora continued its strong momentum around the world, in particular in France where it continues to grow market share. In the US, Sephora once again achieved double-digit revenue growth on a same store basis.
With a less unfavorable monetary environment, strong growth in the American and Asian economies, and some European markets confirming their recovery, LVMH will continue to pursue growth in 2006 thanks to the strength of its brands, new product launches and penetration of new markets.
marketing@alchempro.com
