The French luxury goods giant Louis Vuitton bag Group (LVMH) came out with a report on 4th. The report showed that affected by economic crisis, the group’s 2009 net profit declined by 13%. Seen from the Group’s business portfolio, wine, spirits business were hit by the crisis with the biggest revenue declined by 16%. Watches, jewelry, business revenues decline by 13%.

The French luxury goods giant Louis Vuitton bag Group (LVMH) came out with a report on 4th. The report showed that affected by economic crisis, the group’s 2009 net profit declined by 13%. Seen from the Group’s business portfolio, wine, spirits business were hit by the crisis with the biggest revenue declined by 16%. Watches, jewelry, business revenues decline by 13%.