In 2013, LVMH Sales Reached 29 Billion 100 Million Euros And Then Reached The Peak Of Luxury Goods Sales.

P, the world's largest a href= "//www.sjfzxm.com/news/list.aspx Classid=101112107105" > luxury goods < /a > group LVMH recently released the annual performance Bulletin of 2013: Sales of 29 billion 100 million euros, an increase of 4% over 2012, an increase of 2.4% in the fourth quarter of 2013, a 1.7% increase over the third quarter, a profit of 6 billion 21 million euros from continuing operations, and a 2% increase in 2012 compared with the exceptionally strong 2012, with a profit margin of 21%; the group's net profit margin of euro was basically the same as that of 2012; Asia and the United States had a good momentum; Europe maintained growth momentum; free cash flow grew at an annual rate of 3 billion 436 million, reaching Euro EUR; as at the end of December 2013, asset liability ratio was lower than that of 2012.

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< p > < strong > according to departmental comparison < /strong > < /p >

< p > > a href= "//www.sjfzxm.com/news/list.aspx? Classid=101112107101" > wine > /a > and liquor sector performed well, organic growth in 2013 reached 6%, but the fourth quarter was worse than the third quarter.

Annual operating profit increased by 9%.

Asia and the US have strong market momentum and Europe is not booming.

The strategy of focusing on high-end products, strict pricing policy and keeping the initiative of innovation has achieved success. The performance of champagne, sparkling wine and red wine is stable and solid. Hennessy Cognac is mainly driven by the US market (compared with Remy Martin's performance last year, which relies heavily on the Chinese market).

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< p > fashion leather goods sector grew by 5% in 2013, and better in the fourth quarter than in the third quarter.

But operating profit fell 4% year-on-year.

A href= "//www.sjfzxm.com/" > Louis Vuitton < /a > profitability is still excellent. The super high quality leather Capucines and W bag launched last year have been a great success. The women's wear Department has welcomed the new director of art Nicolas Ghesquire; the company continues to focus on high-end products and selectively expands its sales channels. The report especially mentioned that the sales performance was excellent and sales hit a new high.

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< p > the performance of the cosmetics department is better than the market average level. The organic growth of the whole year is 7%, and the fourth quarter is better than the third quarter.

Annual operating profit increased by 2%.

Among them, Make Up For Ever and Fresh are strong in Asia.

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< p > watches and jewellery sectors grew by 4% throughout the year, and the fourth quarter was better than the third quarter.

In the whole year, < a href= "//www.sjfzxm.com/news/list.aspx? Classid=101112107108 > > operating profit < /a > 12% year-on-year.

Bvlgari's snake series has been successful.

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< p > the specialized retail sector grew by 17% in the whole year, but in the fourth quarter, it was worse than the third quarter.

Operating profit increased 6% year-on-year.

DFS duty-free shops performed well in Macao, Hongkong, but the devaluation of Japanese yen has affected the purchasing power of Japanese tourists and damaged the performance of Hawaii stores.

The market share of the beauty chain Sephora in various regions has been continuously improved, and online sales have been growing well.

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< p > 2013 quarter performance comparison: < /p >

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