The Louis Vuitton logo is seen on the floor of their shop at Marina Bay Sands in Singapore May 19, 2017. REUTERS/Thomas White/File Photo
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French luxury empire LVMH Tuesday saw its share price soar over five percent on the Paris stock exchange after it reported strong global growth for the first three months of 2018 .That constituted an increase of 10 percent compared to the same period of 2017, while organic growth stood at 13 percent, a statement from LVMH said Monday.Performance in early 2018 was also strong across the LVMH house, with the watches and jewelry group recording organic revenue growth of 20 percent and perfumes and cosmetics seeing 17 percent growth, LVMH said.
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