LVMH survives finance crisis with gains, profits from luxury
Paris - Despite the financial crisis, enough people spent money on luxury wares in 2008 to boost the fortunes of LVMH - Moet Hennessy Louis Vuitton - recognized as the world's largest maker of luxury goods.
Revenues were up 4 per cent, to 17.2 billion euros (22 million dollars), the company said Thursday evening in Paris.
Profits remained stable at 2.03 billion dollars. (dpa)
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