LVMH’s fashion and leather goods business recorded a reported revenue growth of 20% in the first nine months of 2018, compared to the same period last year.
The business group saw revenue increase to €13bn (£11.4bn), from €10.8bn (£9.5bn) in 2017, which it attributed to the continued success of Louis Vuitton, a strong performance from the brand’s most recent ready-to-wear collections, and the launch of the brand’s latest perfume.
The fashion house said Christian Dior enjoyed an “excellent performance”, and Celine made progress following designer Hedi Slimane’s first runway show, which was a great success.
Overall reported revenue growth for the business was up 10% on 2017 to €33.1bn (£29bn).
Looking forward the group’s strategy is “focused on innovation and targeted geographic expansion in the most promising markets”, relying on its strong brands and team to “further extend its global leadership”.