LVMH, the biggest luxury group in the world, reportedly beat forecasts when it reported a 14 percent increase in its third quarter sales. This is due to the strong recovery of its lines of businesses – wines, champagnes and fashion, in particular haute couture and lingerie. Expected growth for this period has been placed at 11 percent.

LVMH became the first luxury group in Europe to reveal its third quarter financial reports. Surprisingly, it reported that the significant increase was boosted by its expansion in China as the weaker euro has attracted Asian shoppers to go and by its products.

In 2009, the luxury goods industry suffered a major blow and LVMH was no exception, reported a three percent drop in revenues at the same period.

The retail giant owns popular global brands such as Louis Vuitton and Celine. It also is the biggest champagne maker in the world and owns Moet & Chandon. So, if you’re looking for something a bit more special, such as for anniversaries or wedding presents, then it looks like now is the time to get in there before prices start rising.

This idea seems to fit the couples as well. According to a survey, married couples tend to prefer cash as gifts rather than the usual gifts.

The poll was provided by Wedding magazine where 45 percent of the respondents said that they prefer their guests to give them money. About 29 percent of the couples said that they want the items they specified on the wedding list and the other 27 percent said that they prefer the vouchers that can pay for their honeymoon.

Brides have several issues to deal with prior to the big day. Based on the survey, they tend to worry about the bad weather with 48 percent of the brides who participants saying that this is something they hope won’t happen on their wedding.