LVMH Sees Big Profits, Dior Gains Despite Galliano’s Demise

LVMH Moët Hennessy Louis Vuitton has recorded significant revenue gains for the first half of 2011.

The world’s largest luxury conglomerate saw revenue of €10.3 billion ($14.9 billion) in the first half of 2011, up 13% from last year. Profits were €2.2 billion, up 22% from 2010.
Bernard Arnault, chairman and CEO of LVMH, credited strong brand appeal, consumer attraction to artisanal products and simple business strategy with prompting the growth.

“The first half was marked by the agreement with the Bulgari family to strengthen the long-term growth of the famous Italian Maison,” Arnault said in a press statement. “We approach the second half of the year … relying upon the creativity and quality of our products as well as the effectiveness of our teams to pursue further market share gains” in both historical and emerging markets.

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Hublot Big Bang FIFA World Cup Winners Watch

Early this year, Hublot, Swiss watch manufacturer, launch Limited Edition FIFA World Cup Watches.
To commemorate Spain’s historic FIFA World Cup win, Hublot, the official timekeeper, of the FIFA 2010 World Cup has unveiled a new Big Bang watch dedicated to the winning team.
Dubbed FIFA World Cup Winner’s watch, the new creation is done in the Spanish national colors and gold of the FIFA winner’s trophy.

The model is a Big Bang 44 mm Gold Ceramic Automatic Chronograph, which bears the Spanish national colours and the gold of the FIFA World Cup trophy.
The case is fashioned in 5N pink gold, with a satin-finished black ceramic bezel, and the exclusive logo representing the FIFA 2010 World Cup winners featured in a subtle gold tone at 3 o’clock on a matt navy blue dial.
The 45-minute counter (to register half and full time…) specially developed by Hublot for the footballing world features at 9 o’clock.
The Spanish colours of red and yellow figure on the indexes, the two hands and on the double stitching of the rubber Alligator strap, consisting of a rubber interior stitched to an upper alligator layer.
On the back of the watch, the opaque sapphire crystal case-back is decorated with the Spanish flag and the gold Star which is the World Cup Champions’ symbol.
It is inscribed with the words 2010 FIFA WORLD CUP SOUTH AFRICA CHAMPION. Only 100 numbered watches will be produced.

                                                                                                                                                                                           source:luxuo.com