Posted inINTERNATIONAL
LVMH’s Jewellery & Watches division sees profits leap 53% in 2015
Despite a gloomy economic backdrop LVMH’s Jewellery and Watches division saw profits leap by 53% in 2015. In a difficult global market for luxury watch sales with contracting international markets, unfavourable currency rates and geopolitical instability, LVMH’s Watches and jewellery division saw revenues swell to €3.31bn in 2015 from €2.78bn in 2014, a 19% increase. […]