By  on July 26, 2011

PARIS — LVMH Moët Hennessy Louis Vuitton posted a 25 percentincrease in first-half profits, confirming the strength of the luxurysector amid booming global demand for high-end goods such as leatherhandbags and luxury watches.

“We approach the second half of theyear with confidence and are relying upon the creativity and quality ofour products as well as the effectiveness of our teams to pursue furthermarket share gains in our historical markets as well as in highpotential emerging markets,” stated Bernard Arnault, president and chiefexecutive officer of the French luxury conglomerate.

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