• Nine-month sales up 15% to EUR16.3bn
  • Third-quarter sales rose 14.7% to EUR6bn

Luxury goods group LVMH Moët Hennessy - Louis Vuitton has recorded a jump in nine-month sales and said the results confirm its confidence in the rest of the year.

The company said today (18 October) that sales were up 15% to EUR16.3bn for the nine-month period. For the nine-month period, fashion and leather goods sales increased 13% to EUR6.2bn, or 15% on an organic basis.

The results showed a "continuation of the trend evident since the start of the year," the company said. The momentum continued in Asia, Europe and the United States, while Japan returned to growth over the period. Louis Vuitton achieved exceptional progress around the world," it added.

It said that Louis Vuitton "once again reinforced its leadership" with double-digit revenue growth.

"The inauguration of a Maison Louis Vuitton in Singapore was one of the highlights of the quarter. Fendi and Donna Karan made strong progress. Céline maintained the remarkable performance experienced since the start of the year, driven by the critical acclaim accorded to its new leather goods and ready-to-wear collections," said the company.

Third quarter sales rose 14.7% to EUR6bn, while sales in its fashion and leather goods division increased 13.8% to EUR2.2bn for the third quarter.