An interesting read about LVMH achieving a large profit last year. The article talks about the 'value enhancing strategy' that I have mentioned previously. Following concerns that LVMH was suffering a slow down in previous years with the demand in China waning. It is believed that the outlook for the group is improving dramatically. Follow the link to read the news article.

http://www.independent.co.uk/news/business/news/not-out-of-fashion-lvmh-hits-6bn-annual-profit-mark-for-first-time-ever-9097306.html


Also, I found a great blog that reiterates the effectives of the "value enhancing strategy" and also talks about the acceleration of growth of LVMH. Follow the link:

http://www.bloomberg.com/news/2014-01-30/lvmh-full-year-profit-gains-amid-rebounding-fashion-sales-growth.html