Luxury goods group LVMH Moet Hennessy Louis Vuitton has reported an 11 per cent leap in nine-month sales, boosted by a recovery of the tourist industry and good demand for the Vuitton label.

LVMH said revenue for the first nine months of 2005 rose 12 per cent to €9.60 million compared to the same period last year , while same-store  nine-month sales increased 12 per cent.

The company's fashion and leather goods division reported a sales increase of 9 per cent to €3.38m for the period, compared to €3.11m last year, on a same-store sales growth of 12 per cent.

The company said that the Louis Vuitton label had recorded "exceptional performance and continued to achieve double-digit organic growth", and that spring/summer 2006 collections from Christian Dior, Louis Vuitton, Fendi, Loewe and Kenzo had gone down particularly well with buyers.

LVMH believes it will record continued revenue growth for the remainder of the year as economic growth in the US and Asia continues.

LVMH Moet Hennessy Louis Vuitton is the world's leading luxury goods group, boasting fashion and leather names such as Louis Vuitton, Celine, Loewe, Kenzo, Givenchy, Thomas Pink, Fendi, Emilio Pucci, Donna Karan, Marc Jacobs, Berluti, and StefanoBi.