Beating ZARA's Parent Company Back To The Top Of The Fashion Industry LVMH Sighed.

Thanks to the strong recovery of performance, LVMH shares rose nearly 15% in the past three months. According to fashion headline statistics, the market value of LVMH was 95 billion 794 million euros last Friday, slightly higher than the 95 billion 759 million euros of the parent group Inditex of ZARA, returning to the first place in the market value of the global fashion industry. The Inditex group has seen little growth in share prices in the past three months.

By the 2016 fourth quarter of December 31st, the main business of LVMH group, including wine and spirits, fashion leather, perfume, cosmetics, watches and jewellery and retail, all recorded high or double-digit growth. During the period, LVMH revenue increased by 8.7% to 11 billion 270 million euros, or about 11 billion 950 million US dollars, and organic growth recorded 8%. The fashion leather Department, including LV, Dior, Givenchy, Celine and Fendi, recorded 8.2% growth to 3 billion 780 million euros, with organic growth of 9%, far exceeding the analyst's expected 5%. During the quarter, the group's performance in the US and Europe was expected to grow, and the Asian region continued to maintain good growth.