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再次证明了,有钱人不受经济形势影响: LVMH demonstrated good resilience in the first half of 2009 - Exceptional performance at Louis Vuitton - Market share gains
Louis Vuitton has had a particularly exceptional first half of the year, probably the best in the luxury universe, with double-digit revenue growth and exceptional profitability.
Highlights of the first half of 2009 include: 8226; A slight increase in Group revenue despite the crisis, 8226; Market share gains of all our brands notably with double-digit revenue growth at Louis Vuitton, whose profitability continues to be at an exceptional level, 8226; Confirmed strong potential of emerging markets, which represent 30% of Group revenue, 8226; Considerable destocking by distributors in the Wines & Spirits and Watches & Jewelry business groups, 8226; Exceptional resilience of Parfums Christian Dior and Guerlain, which are gaining market share, 8226; Growth at Sephora in all of its markets, 8226; Solid financial position with a net debt ratio of 32%, 8226; Net cash flow from operations before changes in working capital increased by 5%.
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