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Fashion Jobs
SHISEIDO
Singapore - Marketing Manager, Fragrance
Permanent · Singapore
ESTÉE LAUDER
Marketing Executive, Estee Lauder, Travel Retail Apac
Permanent · Singapore
SHISEIDO
Marketing Executive, Laura Mercier
Permanent · Singapore
SHISEIDO
Singapore - Training Manager, Shiseido
Permanent · Singapore
SHISEIDO
Travel Retail - Brand Manager, Anessa & Elixir
Permanent · Singapore
SHISEIDO
Singapore - Marketing Manager, Shiseido
Permanent · Singapore
ESTÉE LAUDER
Marketing Manager, Origins, Aveda, Lab Series, Adf, Travel Retail Apac
Permanent · Singapore
LEVI'S
B2B Ecommerce Coordinator
Permanent · Singapore
LEVI'S
HR Operations Specialist
Permanent · Singapore
ESTÉE LAUDER
Manager, Integrated Marketing, Travel Retail Apac
Permanent · Singapore
LEVI'S
Digital Selling Operations Manager
Permanent · Singapore
ESTÉE LAUDER
Marketing Executive, la Mer, Travel Retail Apac
Permanent · Singapore
ESTÉE LAUDER
Assistant Marketing Manager, Mac, Travel Retail Apac
Permanent · Singapore
SHISEIDO
Travel Retail - Brand Manager, Prestige (Ipsa/The Ginza/Baum)
Permanent · Singapore
SHISEIDO
Singapore - Marketing Manager, Nars
Permanent · Singapore
SHISEIDO
Singapore - General Manager, Prestige Division
Permanent · Singapore
SHISEIDO
Asia Pacific - Regional Marketing Manager, Shiseido
Permanent · Singapore
SHISEIDO
Asia Pacific - Regional Marketing Manager, Laura Mercier
Permanent · Singapore
SHISEIDO
Travel Retail - Finance Analyst
Permanent · Singapore
LEVI'S
Regional Total Rewards Manager
Permanent · Singapore
LEVI'S
Manager, Trade Compliance - Regional
Permanent · Singapore
L'OREAL GROUP
Regional E-Commerce Business Data Analyst
Permanent · Singapore
By
Reuters API
Published
Oct 13, 2021
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LVMH shares flat after its Q3 revenues

By
Reuters API
Published
Oct 13, 2021

Shares in LVMH were flat in early trading on Wednesday after the French luxury giant posted a strong rise in sales in its fashion and leather goods division in the third quarter.




LVMH, whose luxury products span Moët & Chandon champagne and Bulgari timepieces, said on Tuesday the popularity of its star labels Louis Vuitton and Dior helped its fashion and leather goods division, which accounts for nearly half of group sales, to report 24% growth.

Revenues for this business at the end of the quarter were 38% above their pre-pandemic, 2019 level, the same rate as in the first half.

LVMH shares opened up 0.4% after the opening bell before falling flat in early trade, outperforming the broader French stock market.

"LVMH delivers another strong quarter", analysts at Jefferies said in a note.

"While we remain cautious on the sector in the short term, we continue to view LVMH as the structural winner", they also said.

Overall Like-for-like sales, stripping out the effect of foreign exchange fluctuations, rose by 20% to 15.51 billion euros ($17.91 billion) in the three months to September. Growth was roughly in line with an analyst consensus forecast for a 21% rise.
 

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