Gold Fields opens fourth shaft at Kloon

Expects full production to commence by Monday, next week

Post By : Diamond World News Service On 03 November 2007 12:00 AM
LVMH Moët Hennessy Louis Vuitton, the French luxury group, reported that its watch and jewellery sales rose by 20 per cent to $258 million (€189 million) during the first quarter of 2007. %% Jewellery and watches accounted for 5 per cent of the group’s overall sales. %% LVMH said Chaumet benefited from the success of its jewellery collection Attrape-moi. Montres Dior’s Christal jewellery line that was launched at the Baselworld trade fair was very well-received, it added. %% Overall group sales increased by 7 per cent to $5.1 billion (€3.8 billion) as all business groups recorded double-digit organic revenue growth in the period. The US, Asia and Europe performed particularly well due to continued high demand from both local clients and tourists, the firm said.

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