By and and  on February 4, 2010

PARIS — LVMH Moët Hennessy Louis Vuitton said net profits slid 13 percent last year amid a dramatic slowdown in luxury goods, but trumpeted a “record” level of revenues in December as an omen of better times ahead.

“This trend is continuing and growing in January for the group as a whole,” said LVMH chairman and chief executive officer Bernard Arnault, sounding sanguine as he addressed analysts Thursday evening.

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