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LVMH’s Profits Jumped 25 Percent So Far This Year

Bling.

As expected, they posted a 13 percent increase in revenues over the same six-month time period last year, but they've enjoyed a 25 percent increase in overall profits. In other words, rich folks are shopping more in 2011. [WWD]

Photo: Chelsea Lauren/WireImage

Copyright © 2013, New York Media LLC. All Rights Reserved. The Cut® are registered trademarks of New York Media LLC.

Copyright © 2013, New York Media LLC.
All Rights Reserved.

Copyright © 2013, New York Media LLC. All Rights Reserved.

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