Profits at LVMH for last year have beaten forecasts, with world's largest luxury goods group saying the outlook for 2012 was "excellent".

PARIS (Reuters) - LVMH , the world's biggest luxury group, said the outlook for 2012 was "excellent" and hiked its dividend after rapid growth in Asia and at its Louis Vuitton brand helped it ...

* 2011 revenue rises 16 pct to 23.66 bln eur * 2011 profit from recurring ops rises 22 pct to 5.26 bln * Thomson Reuters I/B/E/S avg for profit was 5.1 bln * LVMH says confident about 2012 * To pay dividend ...

Investors forecasting the euro and Swiss franc will weaken against the dollar may find comfort in shares of European luxury-goods companies.

DALLAS, Feb. 3, 2012 /PRNewswire/ -- Behringer Harvard announced today that ground has been broken for the development of Allegro II, the second phase of a luxury multifamily community it acquired in December ...

Yoox SpA Chief Executive Officer Federico Marchetti raised his stake in the online retailer of fashion and luxury goods after exercising stock options, saying the Italian company is being undervalued by investors.

The fatal grounding of the Costa Concordia off the Tuscan coast has sharpened the focus on the largely unchecked boom of these ever-larger luxury liners, and nowhere more so than in Venice.

Burberry Group Plc, the U.K’s largest luxury-goods maker, reported third-quarter sales that beat analysts’ estimates and said it sees no reason to change full-year forecasts as it negotiates a “challenging” economy.

THE official importer and distributor of the BMW brand in the Philippines, Asian Carmakers Corp. (ACC), reported on Thursday a 19-percent increase year-on-year sales for 2011 with 792 units sold versus the 664 units in the previous year.

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