Thursday, January 30, 2014

LVMH Profit Inches Up -- Update

LVMH's other fashion houses such as Celine, Fendi, Marc Jacobs and Berluti haven't grown fast enough to pick up the slack. Last year, the fashion division's sales fell 0.4% to 9.9 billion euros, while its operating profit dropped 4% to 3.14 ...

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