In the first half of 2011, LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of 10.3 billion euros, an increase of 13%. Organic revenue growth was 15%.

The performance is even more remarkable coming on top of the strong growth in the first half of 2010. The Group continued its sustained growth in the U.S., Europe and Asia.

All business groups achieved a double-digit organic revenue growth, however the Perfumes & Cosmetics business group registered the slowest growth, with a 11% progression of organic revenue.

In a highly competitive global market marked by marketing investments, LVMH points out noticeable market share gains for Christian Dior, thanks to the excellent vitality of its iconic perfumes, notably Miss Dior and J’adore.

The success of the new lipstick line Dior Addict contributed to further increase Dior’s position in the make-up market, and skincare benefited from the progress of Capture. Guerlain achieved good performance thanks to the successful launch of Shalimar Parfum Initial and the rapid growth of its impressive skin care product, Orchidée Impériale. Givenchy benefited from the growth of the perfume Play in both the men and women’s versions. Benefit continued its rapid and profitable growth,” the group added.

As per the Selective Distribution business, it achieved organic revenue growth of 18%.

« Sustained by the continued growth in Asian tourism, DFS reaped the rewards of its up-scaling strategy and its development in new markets, » explained LVMH, highlighting the remarkable performances recorded by the Gallerias in Hong Kong, Macao and Singapore.

As far as Sephora is concerned, the retail chain strengthened its position across all its markets through the continuation of its store renovation programs. In Russia, Sephora increased its holding in the Ile de Beauté retail chain, one of the key players in the market, to 65%.

Profit from recurring operations for the first half of 2011 rose to 2,223 million euros, an increase of 22% compared to the same period in 2010, which had itself shown strong growth. It was stable for the Perfumes & Cosmetics business while it increased by 63% for the Selective Distribution business.

In global market experiencing a strong growth, despite an uncertain monetary environment, LVMH deems being able to continue to gain market share thanks to the numerous product launches planned before the end of the year, and to its geographic expansion in promising markets.