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This article was originally published in The Rose Sheet

Executive Summary

Perfumes & Cosmetics division sales rose 6% to $519.2 mil. (€1=$1.07) at constant exchange rates and comparable structure, but fell 2.6% at current exchange rates, luxury goods manufacturer says. Christian Dior registered strong performance fueled by launch of Capture 60/80 skin care, LVMH states. Line was introduced in Dior's full 850-door distribution in the U.S. in March (1"The Rose Sheet" Feb. 3, 2003, p. 12). Selective Retailing sales fell 4.5% to $796 mil. in first quarter despite Sephora's double-digit comparable store sales growth in the U.S. Consolidated sales were down 5.2% to $2.99 bil...



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