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Article: Strong Sales Growth in First Half 2005.
- Article from:
- Business Wire
- Article date:
- July 25, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PARIS -- LVMH Moet Hennessy Louis Vuitton, the world's leading luxury products group, reported consolidated sales of EUR 6,173 million in the first half of 2005, reflecting an increase in organic* sales of 12% compared to the first half of 2004. This sales growth accelerated in the second quarter of 2005, coming on top of a strong 19% increase in the second quarter of 2004.
Key points of first half 2005:
--Good sales growth across all business groups,
--Asia and Europe see strong sales growth and the US continues to progress well,
--Louis Vuitton continues to post double-digit sales growth,
--The Watches & Jewelry and ...