clouds gather for LVMH Luxury increases revenues be less

A warning about the results of the Burberry a few weeks ago began a shadow on the luxury industry, which to be resistant to the effects of the economic take on most consumer sectors. In this context I would like to come, many observers try to predict the dynamics of the luxury industry for the rest of the year as well as an overview of the 2013th LVMH is the world leader in luxury goods, and of course, a prism, see through the important industry. They reported strong earnings growth in the first nine months of 2012 and the third quarter (the Company recorded an organic growth rate of 10% for 9 months, and 6% for the third quarter of 2012.) - This points to a further slight increase in the Revenues in the first half of the year. (Organic sales growth of turnover without fluctuations.) Hermes Kelly 35CM Handbags The current yield was produced by the legendary resilience of the Group brands such as Louis Vuitton, Bulgari, Celine, etc. and reflects the creativity of fashion and craft behind them and geographical diversification. It was the talk of the conference, the market has clearly found a slowdown in sales in Asia, even in his fashion business and leather available - though, that the sale of its flagship brand Louis Vuitton n had reported not diminished - Tourists and reduced in Asia, the specific activities DFS. (It should be noted that DFS is half the activity of LVMH Selective Retailing. His other half is Sephora, the remarkable success and strong comparable sales has enjoyed throughout the world. Ago now nearly 1,400 locations in Sephora Worldwide up to about 110 a year ago.) Overall, I think the prospects of LVMH is strong for the rest of the year. With a sales increase of about 6% chance in the fourth quarter However, it is difficult to predict beyond. Recently I was told that the United States, Russia and Brazil, some of the customers pick up slack caused by the absence of Japanese and Chinese customers. I think show a realistic assessment of the current client mix that even customers who's in the luxury shops such as Louis Vuitton, Saks Fifth Avenue and Bloomingdale even a slowdown in spending. Moreover, while the stock market is still the force due to good income, I've heard that the pay Wall Street firms can not premiums in recent years - the impact on the purchasing power of a luxury consumer key. Overall, I think there will be a slowdown in sales in the first half of 2013 for luxury goods, but LVMH's strategy, its innovation to drive its brands and maintaining a strong geographical diversification is the way to difficult economic conditions to resist.