(MENAFN) LVMH Moet Hennessy Louis Vuitton said that revenue in the first quarter jumped 25 percent firm the same period a year earlier to USD8.6 billion, reported AP.
The French luxury conglomerate added that nearly a third of its sales came from fashion and leather goods, which grew 17 percent.
It also said that the watches and jewelry division recorded the highest growth in sales, with a surge of 141 percent over 2011's same period.
It is worth noting that in 2011, LVMH acquired Bulgari.
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