LVMH Group 2015 Sales Record Breaking Results Gratifying Congratulations

LVMH group, the world's largest luxury goods giant, recorded a record sales of 35 billion 670 million euros (256 billion 400 million yuan) in 2015, an increase of 16%, but net profit was 3 billion 570 million euros, down 37%, mainly due to the comparative base.

LVMH group's brands include LV, Fendi, C line,

And Guerlain.

The group's turnover was more than 35 billion 510 million euros previously predicted by Factset economic analysts, but net profit was lower than the 3 billion 710 million euro predicted by the latter.

In addition to this issue

It has reached 6 billion 600 million, an increase of 16 percentage points.

In the statement, the group pointed out that except for the strong growth in Europe, the United States and Japan, the development of Asian countries was different.

Bernard Arnault, group president, stressed in the statement that "the performance in 2015 proves that LVMH group can still grow and continue to win more market share under the circumstances of economic and geopolitical instability.

Sales and operating profits were recorded.

He also said, "all of our companies showed excellent performance in 2015.

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According to global development, adjusting their business strategy and sustainable development, they show the creativity and spirit of enterprise to promote their own development.

In the face of the uncertain economic environment, we can hope for the attraction of our brand and the flexibility of our team, so that our quality products can further develop in 2016 ".