Luxury powerhouse Moët Hennessy Louis Vuitton (LVMH) revealed the British taste for luxury goods is helping boost sales at a number of its design houses.
LVMH’s Celine, Kenzo and Emilio Pucci labels have all posted a growth in 2017 for their operations.
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Celine, which hit headlines over the weekend due to its new direction following the appointment of new creative director Hedi Slimane, saw turnover rise 19 per cent to £45.3 million, while pre-tax profit rose to £11 million from £7.9 million.
Meanwhile Kenzo recorded a 30 per cent rise in sales to £6.9 million and Emilio Pucci’s turnover rose to £2.4 million from £1.8 million.
Despite this it posted total losses grew to £670,000 from £435,000, a jump which is likely to be attributed to business rates.
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