LVMH Watch and Jewelry Sales Up 29% in 2010

LVMH Moët Hennessy Louis Vuitton annual watches and jewelry sales grew by 29 percent in 2010 to 985 million euros ($1.34 billion) and profit from recurring operations doubled. Watch and jewelry brands gained market share across all regions.

For its 150th anniversary, TAG Heuer successfully launched a new watch movement and enhanced its presence in Asia, the company said. Hublot benefited from