Forecasts

LVMH Moët Hennessy Louis Vuitton SA, the world’s biggest luxury group, posted a 17-per-cent rise in first-quarter sales on Monday that beat analysts’ expectations despite the earthquake disaster in Japan, a key luxury market. The owner of handbag maker Louis Vuitton, Hennessy cognac and Moët & Chandon champagne had sales of €5.25-billion ($7.2-billion) in the […]