Sunday 16 March 2014

Looking at the income statement, you can see that for 2010 and 2011 revenue was increasing. More than likely due to poor market performance revenue dropped down to a low in 2012 and has increased again in 2013. I've created a small table to demonstrate:



Income from investments and other revenue (Euro millions)
 
December 31st 2013
2173
December 31st2012
1951
December 31st2011
2783
December 31st2010
2172









LVMH has recently started working on a new project called HELIOS; which is a  research facility for its beauty division. HELIOS employs 300 research scientists and uses the latest cutting edge technology in the perfume and beauty industry to create products with the highest stands of quality. Situated in Saint-Jean-de-Braye, it is the largest production site in beauty that France has ever seen.
I've added two links, the first to a news article and the second to a video to give an understanding about what HELIOS is all about.



https://www.youtube.com/watch?v=UGIsOP79260

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