PARIS, Apr 26, 2007/ --- Releasing its financial statement yesterday, LVMH Moët Hennessy Louis Vuitton reported that for the first quarter of 2007, the luxury group achieved 3.8 billion euros, a 13% organic growth compare to the same period last year.

All their divisions experience double growth, but Watches & Jewelry stood out with 27% increase in revenue, compared to 20% in 2006.

LVMH credited this jump in earnings with the exceptional performance of TAG Heuer in all regions, specially its new watch movement Calibre S as well as an upgrading of its iconic lines.

Montres Dior also saw strong growth notably thanks to their respective lines Defy and Christal jewelry supported by Sharon Stone as the face of its new advertising campaign.

Fashion & Leather Goods, wherein the Louis Vuitton revenue is recorded, posted 10% organic revenue growth in the first quarter of 2007.

Louis Vuitton achieved an exceptional performance with double-digit organic growth in all regions except Japan. The new Damier Azur line has also been exceptionally popular while Fendi continued its growth, helped by the success of a new leather line and the sustained progress of its shoe and ready-to-wear lines.

The other divisions, Wines & Spirits saw organic revenue growth of 15%, Perfumes & Cosmetics posted 15% and Selective Retailing, 11%.

LVMH also an optimistic outlook for the rest of the year; and plans to continue its growth despite the difficult monetary environment at the beginning of 2007.