Luxury group Moet Hennessy Louis Vuitton (LVMH) increased revenues by 13 per cent to €11.4 billion (£7.95 billion) in the first nine months of this year.

Louis Vuitton performed particularly well, helping the group to report organic revenue growth of 15 per cent for the period.

The group’s watches and jewellery arm was its best performer, achieving 16 per cent growth. Fashion and leather goods business was up 8 per cent.

Givenchy, Marc Jacobs and Donna Karan are among fashion brands owned by LVMH.

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