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LVMH Cosmetics and Perfume Sales Outpace the Market

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LVMH found strength in its fragrance and cosmetics business segment, growing at 6%.

LVMH's perfume and cosmetics sales for the first nine months of 2016 grew 6% year-over-year, totaling 3,578 million euros. The business group posted organic revenue growth of 8%.

Parfums Christian Dior gained market share in all countries, while Sauvage and makeup brands (Benefit, Make Up For Ever, Fresh and Kat Von D) performed well.

The expansion of Guerlain La Petite Robe Noire into makeup also created growth, as did the launch of Kenzo World, a segment in which Givenchy saw strong growth.