Fashion & Style News: Luxury Goods Are Still Selling

Wednesday, April 14, 2010

 Everybody loves a Louis Vuitton.
The recession isn't stopping some luxury brands from raking in the cash. LVMH (Louis Vuitton Moet Hennessey) have seen significant improvement in the sales of their brands. March ended with about $6.2 million in sales $5.26 million during that time in 2009. In plain English, sales increased by 13%.

LVMH has seen dramatic increased in all of its business divisions including a 10% increased fashion and leather goods; 12% in perfumes and cosmetics; 13% in selective retailing; 20% in wines and spirits, and 34% in watches and jewelry.

Donna Karan and Marc Jacobs, who also fall under the LVMH umbrella saw an increase in sales as well, while Celine closed up shop at a few of their stores. Dior revenues reached nearly $250 million compared last year's $221 million. Sometimes you just can't keep a good brand down. 

Reblog this post [with Zemanta]

Comments

One response to “Fashion & Style News: Luxury Goods Are Still Selling”
Post a Comment | Post Comments (Atom)

Great articles and it's so helpful. I want to add your blog into my rrs reader but i can't find the rrs address. Would you please send your address to my email? Thanks a lot!
By Jordan 6

Post a Comment

Blog Widget by LinkWithin
 
The Chocolate Fashion Blog (TM). Citrus Pink Blogger Theme Design By LawnyDesignz Powered by Blogger