Follow us twitter facebook
Edition: Global
Click here to subscribe toour free weekly newsletter click here
Industry buzz

Christian Dior, Fenty Beauty and Louis Vuitton propel LVMH’s growth

It has been a strong year so far for the luxury group LVMH Moët Hennessy Louis Vuitton, which has announced a 14% increase in revenue for the first nine months of 2017.

The group saw organic revenue growth of 14% in the category of fashion and leather goods, thanks in part to the integration of Christian Dior Couture, which it gained control of in July of this year. The group labelled the French fashion house’s 70th anniversary retrospective at the Museum of Decorative Arts in Paris a “tremendous success,” also nodding to the opening of the ‘Maison Louis Vuitton Vendôme’ store in Paris and several new Fendi store openings in the US.

Bella Hadid is one of the faces of Dior makeup. (Photo: © Geoffroy Van Der Hasselt / AFP)

Bella Hadid is one of the faces of Dior makeup. (Photo: © Geoffroy Van Der Hasselt / AFP)

The perfumes and cosmetics business group also performed strongly, with the group singling out Parfums Christian Dior, whose fragrances ‘J’adore’ and ‘Sauvage’ remained highly popular. The launch of a new edition of the eau de parfum ‘Miss Dior’ this year and the growth of ‘Rouge Dior’ lipstick also contributed to this success, as did the debut Fenty Beauty by Rihanna collection, which was launched this September at the LVMH-owned Sephora. The beauty chain’s transformation, which includes store renovation and the launch of its new concept store in Spain, was also highlighted regarding the growth of the conglomerate’s ‘Selective Retailing’ business division.

Meanwhile, the watches and jewelry business group recorded organic revenue growth of 13%, with the group highlighting Italian jewelry house Bvlgari’s success. This is partly thanks to the rapid growth of its signature jewelry collections Diva, B.Zero1, and Serpenti, whose campaigns have recently been fronted by supermodel Bella Hadid.

(click on the image to enlarge it)

(click on the image to enlarge it)

AFP/Relaxnews

© 2017 - Premium Beauty News - www.premiumbeautynews.com
latest news
Focus

MakeUp in NewYork will spot latest Asian beauty trends

Florence Bernardin, general Manager of Information & Inspiration, Asian cosmetics markets specialist will highlight latest Asian make-up and beauty trends at the very next edition of Makeup in NewYork to be held on September 12 and 13, 2018. Through trends and products, Florence will show how innovation is dynamic from this part (...)

read more
job opportunities
Experts’ views
Full-Service: mini promotional packs are getting bigger

Candice Jacoud
Full-Service: mini promotional packs are getting bigger

There is a revolution going on in sampling and promotional & travel-size pack solutions. The current challenge is to meet brands’ clearly identified expectations as regards differentiation, ROI measurement of campaigns, and digitalization. Mini-sizes are such growth drivers that Aptar Beauty + Home is taking action with a (...)

read more
Webinars
E-shop - latest publications
Safety of perfumes and cosmetics. Belarus, Kazakhstan and Russia
200.00 € excl. tax
MARKET REPORT : Black & Multi-Hued Beauty Trends
4000.00 € excl. tax
Regulations on the registration of cosmetic products in China (part2)
95.00 € excl. tax
Go to top ↑

Features

We use cookies to give you a better browsing experience. By continuing your visit to this site, you accept the use of cookies. Read more and set cookies
close