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LVMH credits Louis Vuitton as profits soar

Profits at luxury brand house LVMH rose by 10% to EUR814 million (£549m) across fashion and leather goods for the first half of the year. Sales jumped by 12% to EUR2.6 billion (£1.75bn). Louis Vuitton was cited as a star performer after posting double-digit sales growth. Group profits rose 11% to EUR1.44bn (£970m). Sales were up 12% to EUR7.4bn (£5bn).

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