Thursday, 8th April 2004 (4220 views)

Luxury goods maker Louis Vuitton has reported a profit rise in its jewellery sales this week.

New stores and increased demand have been attributed to the positive results, according to Bloomberg.

Sales for the company beat forecasts and increased to €2.85 billion compared to €2.80 billion the year before.

In addition the quality goods company's watch and jewellery unit experienced a 30 per cent growth.

According to the company one of the products that helped it achieve the first sales gain in five quarters was its Tag Heuer watches.

The current Vuitton collection includes Theda handbags which come in turquoise and burgundy with a golden clasp.

 

« Back to the stories

 

The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.