ouis Vuitton, the company's leading leather goods offering, was one of its major success stories, recording a double-digit uptick in sales in 2009.
"This is due to the quality of the products, the quality of the locations, the quality of service that we provide to our customers, the extraordinary capacity for innovation of this brand … it's the only fashion and leather goods brand that doesn't offer sales," Arnault said.
Tag Heuer, its premium watch line, Hennessy cognac and Christian Dior, its fragrance and beauty unit, were also in demand, especially in key emerging economies, helping "offset" declines in business elsewhere.