Louis Vuitton-Moet Hennessy

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Turning a blind eye to recession: Louis Vuitton-Moet Hennessy

by Allan Swann | Friday October 10, 2008

Buoyed by continued spending from the world’s elite, luxury goods company Louis Vuitton-Moet Hennessy isn’t feeling the effects of the economic crisis just yet, continuing its growth across 2008.

The conglomerate posted revenue of €11.96 billion ($NZ27 billion), over the first three quarters of 2008, up 4.3% on 2007.

Good growth came from all categories, excluding, surprisingly the wine and spirits segment.

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Commodity	Price	Change	Time
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NI225	8715.1	8715.1	8729.3	-1.98%

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