LVMH: “ALL BUSINESS GROUPS RECORDED STRONG PROGRESS.”

Wine and spirits revenue grew 23%, or 16% on a comparable basis, in Q1 2006 with a 10% rise in champagne. “The higher quality ranges made the strongest progress,” the company said, especially in the U.S. and Asia. Veuve Clicquot did well in the U.S. while Dom Perignon, Moet & Chandon, and Hennessy showed momentum in Asia.