53
Fashion Jobs
ZALANDO
Head of Engineering - Emerging Propositions
Permanent · HELSINKI
VERO MODA
Myyjä (Vuorotteluvapaasijaisuus) Vero Moda Seinäjoki
Permanent · SEINÄJOKI
ESTÉE LAUDER COMPANIES
Beauty Advisor - Sokos Helsinki (Fulltime Temporary)
Fixed-term · HELSINKI
ESTÉE LAUDER COMPANIES
Full Time Beauty Advisor - Vantaa Airport, Helsinki
Permanent · HELSINKI
ESTÉE LAUDER COMPANIES
Estee Lauder Companies - Multi Counter Manager - Stockmann, Turku
Permanent · TURKU
MUJI
Avoin Hakemus - Myymälä
Permanent · HELSINKI
MUJI
Avoin Hakemus - Ravintola
Permanent · HELSINKI
JACK & JONES
Myyjä Jack & Jones Helsinki Outlet
Permanent · HELSINKI
MANGO
Sales Assistant
Fixed-term · VANTAA
RITUALS
Sales Advisor (Summerextra) - Tampere - Ratina Shopping Center
Permanent · TAMPERE
RITUALS
Sales Advisor (Summerextra) - Vantaa - Jumbo
Permanent · VANTAA
JACK & JONES
Kesätöihin Myyjäksi Vero Moda / Jack & Jones Porvoo
Permanent · PORVOO
NEW YORKER
Haemme Extra- Myyjiä New Yorkerin Myymälään Mikkeliin
Permanent · MIKKELI
NEW YORKER
Haemme Extra- Myyjiä New Yorkerin Myymälään Ouluun
Permanent · OULU
NEW YORKER
Haemme Extra- Myyjiä New Yorkerin Myymälään Vaasaan
Permanent · VAASA
MONKI
Sales Advisor, 10h (Summer Help Temporary)
Fixed-term · VANTAA
VERO MODA
Myyjä Vero Moda Seinäjoki Idepark
Permanent · SEINÄJOKI
ESTÉE LAUDER COMPANIES
MAC Make-up Artist (20h/Week) - Sokos Tampere
Permanent · TAMPERE
ESTÉE LAUDER COMPANIES
Beauty Advisor (30h/Week) - Stockmann Helsinki
Permanent · HELSINKI
MASSIMO DUTTI
Sales Assistant Massimo Dutti, Helsinki
Permanent · HELSINKI
H&M
Sales Advisor, 15h - Kesätyö
Permanent · SEINÄJOKI
H&M
Sales Advisor, 10h - Kesätyö
Permanent · KOTKA
By
Reuters
Published
Jan 25, 2018
Reading time
2 minutes
Download
Download the article
Print
Text size

LVMH upbeat as Chinese shoppers lift sales

By
Reuters
Published
Jan 25, 2018

Louis Vuitton owner LVMH, the world’s biggest luxury goods maker, delivered better-than-expected sales growth in the fourth quarter as it benefited like many peers from a steady recovery in Asian demand.


Christian Dior - Spring-Summer2018 - Haute Couture - Paris - © PixelFormula


The French company, whose 70 brands range from Dom Perignon champagne to fashion houses like Fendi and Givenchy, said sales rose 11 percent between October and December on a like-for-like basis, which strips out currency swings.

That beat the 9 percent growth expected in an Inquiry Financial analyst poll for Reuters but was a slight slowdown from 12 percent growth the previous quarter.

Demand from Asian shoppers has boosted makers of high-end handbags, clothing and watches the past year, thanks in particular to thriving Chinese demand.

Rival Richemont, which owns Cartier, reported solid appetite from the region in the last three months of 2017.

Keeping up revenue growth may become harder, however, against tougher year ago comparisons.

LVMH described the backdrop as supportive for the industry, adding it was well-equipped to grow further in 2018 “despite unfavorable currencies and geopolitical uncertainties.”

LVMH, which does not break out earnings for its labels, said group operating income for the whole of 2017 stood at 8.29 billion euros ($10.36 billion), up 18 percent from a year earlier and in line with forecasts.

The conglomerate was partly boosted by the full integration of the Christian Dior fashion label. LVMH swooped last year on the couture part of the brand it did not already own, uniting it with the perfume and beauty parts of the Dior business.

Its fashion and leather goods division - motored by Louis Vuitton, which accounts for more than half of the whole group’s profits - posted revenues of 15.5 billion euros in 2017, up 13 percent like-for-like.
 

© Thomson Reuters 2024 All rights reserved.