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WWD 2006/03/03

WWD 2006/03/03

A Bubbly '05 for LVMH: Net Leaps 21 Percent, Arnault Sees No Peers

Boasting that LVMH is "light years ahead of the competition," Bernard Arnault announced a 21 percent jump in 2005 net profits to 1.44 billion euros, or $1.79 billion, as sales of Vuitton denim bags and Dom Perignon champagne accelerated at year end.

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