A ‘record’ 2019 for the luxury giant Lvmh, whose revenues reached 53.7 billion euros, + 15% on the previous year. The progression was +12% in the Perfumes & Cosmetics division which reached 6.835 billion thanks to sales in Asia and its flagship brands such as Dior, Guerlain and Givenchy. Christian Dior has continued to grow much faster than the market. In addition to the strength of its J’adore, Miss Dior and Sauvage perfumes, make-up and skincare have contributed significantly to the house’s excellent performance. Parfums Givenchy has achieved another year of strong growth thanks to its make-up and its fragrance L ‘Interdit. In retail, Sephora is experiencing strong growth and continues to gain market share. Online sales have advanced rapidly worldwide. The distribution network also continued to increase with over 100 new stores and the renewal of the monobrand stores in the Dubai Mall, Times Square in New York and La Défense in Paris.