LVMH Group 2012 wines and spirits business growth of 17%

French luxury goods group LVMH ( Louis Vuitton ) Group on January 31 announced results, due to strong global demand , the group in 2012 a new high performance , sales and net profit growth rate reached double digits. Reported LVMH in 2012 global sales of 28.1 billion euros ( about 38.2 billion U.S. dollars ) , up 19% over the previous year ; net profit of 3.424 billion euros ( $ 4.65 billion ) , an increase of 12 over the previous year % . Fashion and leather goods which are engaged in the manufacture and sale of Louis Vuitton brand sales to new highs.

2012 , Louis Vuitton Group All business sectors to achieve substantial growth . Among them, the jewelery and watches business sales rose 46 percent , fashion and leather goods business increased by 14% , wine and spirits business growth of 17% , perfume cosmetics business increased by 13% . LVMH CEO Bernard Arnault said that despite the slowdown in economic growth in Europe , the Group's 2012 performance is still very good. 2013 , the Group will further consolidate the leading position in the global luxury market . But the euro 's exchange rate against other currencies is expected to rise , will give France a negative impact on exports , the group is likely to further raise prices to compensate for exchange rate losses.

Louis Vuitton is the world's largest luxury goods group, which owns more than 50 internationally renowned luxury brands, including Louis Vuitton , Dior, Fendi , Hennessy , Givenchy , Zenith , Guerlain and so on. Due to the 2008 financial crisis, the decline in the Group's results in 2009 , but in 2010 the situation reversed , sales in 2011 for the first time more than 23 billion euros ( $ 31.2 billion ) , profit (EBIT) for the first time exceeded 5 billion euros ( $ 6.8 billion ) .xzzqlcy$0704