LVMH Cites Successful New Fragrances Launches in ‘Solid’ Third Quarter

LVMH Cites Successful New Fragrance Launches in 'Solid' Third Quarter

LVMH Moët Hennessy Louis Vuitton is pleased with what it called "quite solid" sales growth from July through September that exceeded the results from the first half of 2016. The French luxury conglomerate saw comparable sales in the most recent quarter increase by six percent, and in the first nine months of the year by five percent to €26.3 billion (about $29 billion).