London, England -- (SBWIRE) -- 05/02/2011 -- LVMH - the luxury group which contains brands Louis Vuitton and Moet Hennessey - has announced that in the first quarter of 2011, its revenue surged by 17 per cent.

During this period, revenue of €5.2 billion (£4.6 billion) was posted, an increase on the same quarter in 2010.

Double-digit organic revenue growth was experienced by all business segments within the group, with watches and jewellery (28 per cent) and wine and spirits (20 per cent) maintaining their momentum.

As of 11:37 BST today (April 19th), the share price of LVMH had increased by 3.96 per cent compared to yesterday's close.

Meanwhile, the French CAC-40 had lifted by 0.52 per cent during morning trading.

LVMH also revealed that a double-digit boost in organic revenue growth was witnessed for Louis Vuitton.

The fashion and leather goods division of the group lifted by 17 per cent, while its perfumes and cosmetics arm boosted revenue by nine per cent.

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