Thursday, 28 July 2011

LVMH Sees No Sign of Slowdown in Luxury After Profit Surpasses Estimates

http://www.bloomberg.com/news/2011-07-26/lvmh-sees-no-sign-of-slowdown-in-luxury-after-profit-surpasses-estimates.html

LVMH Moet Hennessy Louis Vuitton SA (MC), the maker of Celine handbags and TAG Heuer watches, sees no sign of a slowdown in demand for luxury goods after reporting first-half profit that beat analysts’ estimates.

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