299
Fashion Jobs
L'OREAL GROUP
Assistant CRM Manager
Permanent · HONG KONG
L'OREAL GROUP
Key Account Manager
Permanent · HONG KONG
H&M
Total Rewards Manager, Supply Chain
Permanent · TSIM SHA TSUI
H&M
Accounts Specialist
Permanent · TSIM SHA TSUI
ESTÉE LAUDER COMPANIES
Assistant Demand Planning Manager
Permanent · HONG KONG
ESTÉE LAUDER - BRAND
Retail Marketing Manager, Estée Lauder
Permanent · HONG KONG
CLINIQUE
Assistant Education Manager, Clinique
Permanent · HONG KONG
CLINIQUE
Senior Marketing Manager, Clinique
Permanent · HONG KONG
TOMMY HILFIGER
Senior Manager, Creative Services, Tommy Hilfiger Asia Pacific
Permanent · HONG KONG
AESOP
Retail Consultant
Permanent · SHA TIN
NEWELL
Senior Manager, Indirect Sourcing
Permanent · HONG KONG
L'OREAL GROUP
Group Product Manager
Permanent · HONG KONG
ADIDAS
Senior Manager, Materials Availability Management
Permanent · HONG KONG
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
Permanent · HONG KONG
PUMA
Manager Innovation Technical Apparel
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
Permanent · TSIM SHA TSUI
TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · HONG KONG
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Hysan Place
Permanent · CAUSEWAY BAY
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Yoho Mall
Permanent · HONG KONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
By
Reuters
Published
Apr 22, 2009
Download
Download the article
Print
Text size

LVMH Q1 like-for-like sales fall 7 pct

By
Reuters
Published
Apr 22, 2009

PARIS, April 22 (Reuters) - LVMH (LVMH.PA), the world's biggest luxury group, on Wednesday posted a 7 percent drop in comparable first-quarter sales, hit by sharp declines at its wines, spirits, watches and jewellery divisions. The group, which owns Dom Perignon champagne and fashion houses Louis Vuitton, Celine and Fendi, made revenues of 4.018 billion euros ($5.19 billion) in the three months to March 31, slightly below expectations of 4.125 billion euros from a Reuters poll.


Louis Vuitton boutique on the Champs-Elysées in Paris

Like-for-like wine and spirit revenues dropped 22 percent to 540 million euros while comparable sales from watches and jewellery fell 41 percent to 154 million euros during the first quarter.

However, the French group's fashion and leather goods operations saw a 4 percent rise in comparable sales to 1.6 billion euros.

Earlier on Wednesday, LVMH denied it was in talks to sell its wine and spirits unit after the Daily Telegraph reported that Diageo Plc (DGE.L), the world's biggest alcoholic drinks group, was in the early stages of a 12-billion-euro bid.

LVMH's trading update came after Gucci Group, part of PPR (PRTP.PA) and owner of fashion brands Yves Saint Laurent and Stella McCartney, on Tuesday posted a 3.4 percent drop in like-for-like first-quarter sales. ($1=.7738 Euro)

(Reporting by Astrid Wendlandt, Editing by Sudip Kar-Gupta)

© Thomson Reuters 2024 All rights reserved.