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Parfums Christian Dior Appoints New Brand General Director – WWD 1/3/2020, 8:31 PM
Parfums Christian Dior Appoints New Brand General Director – WWD 1/3/2020, 8:31 PM BEAUTY / BEAUTY FEATURES Parfums Christian Dior Names New Brand General Director Claudia Marcocci has been appointed to the position, succeeding Véronique Courtois. By Jennifer Weil on February 25, 2020 ESSENTIALIST TODAY'S MUST READ Hermes RTW Fall 2020 LATEST GALLERIES Claudia Marcocci Courtesy Photo PARIS — Claudia Marcocci has been appointed brand general director of Parfums Christian Dior. She took up the position on Feb. 15, succeeding Véronique Courtois, who had held the job for more than seven years before moving to steer Guerlain, another LVMH Moët Hennessy Louis Vuitton-owned brand. Backstage at Elie Saab RTW Marcocci was formerly senior vice president of Gucci Beauty, Fall 2020 beginning in 2017, at Coty Inc. She also served as vice president of global for that brand, starting in 2016, and the year prior https://wwd.com/beauty-industry-news/beauty-features/parfums-christian-dior-names-new-brand-general-director-1203509974/ Page 1 of 5 Parfums Christian Dior Appoints New Brand General Director – WWD 1/3/2020, 8:31 PM became associate director of Gucci Beauty global design after the Procter & Gamble beauty brands were acquired by Coty. Marcocci held numerous positions at P&G, including global digital and e-commerce director for its prestige division. LVMH’s Perfumes and Cosmetics Division closed 2019 with sales of 6.84 billion euros, up 12 percent year-over-year in reported terms and 9 percent on an organic basis. The company cited Dior as a main growth driver for the branch, and said the brand’s business grew much faster than the beauty market. -
Christian Dior Why Would Bernard Arnault Invest
A work project, presented as part of the requirements for the Award of a Master Degree in International Finance from the NOVA – School of Business and Economics CHRISTIAN DIOR WHY WOULD BERNARD ARNAULT INVEST BILLIONS ON A NAME HE ALREADY HOLDS? CAROLINA MARQUES BARREIROS – 4134 / 24015 A Project carried out on the Master in Finance Program, under the supervision of: Paulo Pinho January 2019 Tuesday, April 25th 2017i. Bernard Arnault decided to go shopping. On the menu, a double operation that aims to simplify the ties that unite the group LVMH (Moët Hennessy Louis Vuitton), Christian Dior and its owner Bernard Arnault. The first transaction consists of an offer worth about €12.1 billion from the holding company controlled by Arnault Family Group to take over of the remaining 25.9% stake Christian Dior. The second one on the strengthening of LVMH group through the acquisition of the Christian Dior Couture for €6.5 billionii. However, a question remains: why would Bernard Arnault invest billions on a name he already holds? LVMH “The LVMH group is the world’s leading luxury goods company, the result of successive alliances among companies that, from generation to generation, have successfully combined traditions of excellence and creative passion with a cosmopolitan flair and a spirit of conquest.” - LVMH websiteiii Born out of the merger of Louis Vuitton and the Moët Hennessy group in 1987, the LVMH group led by Bernard Arnault is the world’s largest luxury conglomerate in terms of turnover (Exhibit 1). In 2016, the consolidated revenue of LVMH group was €37.6 billioniv, 5% more than in 2015 (Exhibit 2). -
2020 ANNUAL REPORT Passionate About Creativity
2020 ANNUAL REPORT Passionate about creativity Passionate about creativity THE LVMH SPIRIT Louis Vuitton and Moët Hennessy merged in 1987, creating the LVMH Group. From the outset, Bernard Arnault gave the Group a clear vision: to become the world leader in luxury, with a philosophy summed up in its motto, “Passionate about creativity”. Today, the LVMH Group comprises 75 exceptional Maisons, each of which creates products that embody unique craftsmanship, carefully preserved heritage and resolute modernity. Through their creations, the Maisons are the ambassadors of a refined, contemporary art de vivre. LVMH nurtures a family spirit underpinned by an unwavering long-term corporate vision. The Group’s vocation is to ensure the development of each of its Maisons while respecting their identity and their autonomy, by providing all the resources they need to design, produce and distribute their creations through carefully selected channels. Our Group and Maisons put heart and soul into everything they do. Our core identity is based on the fundamental values that run through our entire Group and are shared by all of us. These values drive our Maisons’ performance and ensure their longevity, while keeping them attuned to the spirit of the times and connected to society. Since its inception, the Group has made sustainable development one of its strategic priorities. Today, this policy provides a powerful response to the issues of corporate ethical responsibility in general, as well as the role a group like LVMH should play within French society and internationally. Our philosophy: Passionate about creativity THE VALUES OF A DEEPLY COMMITTED GROUP Being creative and innovative Creativity and innovation are part of LVMH’s DNA; throughout the years, they have been the keys to our Maisons’ success and the basis of their solid reputations. -
LVMH 2017 Annual Report
2017 ANNUAL REPORT Passionate about creativity Passionate about creativity W H O W E A R E A creative universe of men and women passionate about their profession and driven by the desire to innovate and achieve. A globally unrivalled group of powerfully evocative brands and great names that are synonymous with the history of luxury. A natural alliance between art and craftsmanship, dominated by creativity, virtuosity and quality. A remarkable economic success story with more than 145,000 employees worldwide and global leadership in the manufacture and distribution of luxury goods. A global vision dedicated to serving the needs of every customer. The successful marriage of cultures grounded in tradition and elegance with the most advanced product presentation, industrial organization and management techniques. A singular mix of talent, daring and thoroughness in the quest for excellence. A unique enterprise that stands out in its sector. Our philosophy: passionate about creativity LVMH VALUES INNOVATION AND CREATIVITY Because our future success will come from the desire that our new products elicit while respecting the roots of our Maisons. EXCELLENCE OF PRODUCTS AND SERVICE Because we embody what is most noble and quality-endowed in the artisan world. ENTREPRENEURSHIP Because this is the key to our ability to react and our motivation to manage our businesses as startups. 2 • 3 Selecting leather at Berluti. THE LVMH GROUP 06 Chairman’s message 12 Responsible initiatives in 2017 16 Interview with the Group Managing Director 18 Governance and Organization 20 Our Maisons and business groups 22 Performance and responsibility 24 Key fi gures and strategy 26 Talent 32 Environment 38 Responsible partnerships 40 Corporate sponsorship BUSINESS GROUP INSIGHTS 46 Wines & Spirits 56 Fashion & Leather Goods 66 Perfumes & Cosmetics 76 Watches & Jewelry 86 Selective Retailing 96 LVMH STORIES PERFORMANCE MEASURES 130 Stock market performance measures 132 Financial performance measures 134 Non-fi nancial performance measures 4 • 5 LVMH 2017 . -
Action Required – Please Read in Order to Receive and Pay Your
Action Required – Please Read In order to receive and pay your invoices faster and more efficiently, LVMH P&C has joined the Transcepta Electronic Invoicing Network and asks you do the same. Please note that this initiative includes the following corporate entities: Acqua Di Parma LLC Christian Dior Inc Christian Dior Perfumes LLC Fresh Inc Guerlain Inc LVMH Fragrance Brands Canada LTD LVMH Fragrance Brands US LLC Make Up For Ever Canada LTD Make Up For Ever LLC Parfums Christian Dior Canada By sending your invoices electronically over the Transcepta procure-to-pay supplier network, you’re assured: • Immediate, secure invoice submission and guaranteed delivery to, LVMH P&C‘s Accounts Payable system, eliminating all the costs and delays of mailed invoices • Automatic invoice validation and automatic notification of incomplete invoices, which will expedite corrections and facilitate in processing and payment • Greater visibility into the payment process, tracking invoice status via confirmation emails from Transcepta or through the Transcepta supplier web portal • Enhanced trading relationship with LVMH P&C With all these advantages, it’s no surprise that 98% of suppliers in the Transcepta Community confirm that this leading e-invoicing service offers substantial improvements over traditional invoicing methods. As a LVMH P&C supplier, you pay NO FEES to participate. Plus, registration and connection with Transcepta takes only a few minutes of your time –with NO requirements to change your existing systems or invoice formats, or to engage in IT-Intensive projects. *Please do not include Social Security Numbers or Banking Information on your invoices. In joining with Transcepta, LVMH P&C considered the ease of setup and value for you LVMH P&C expects that all suppliers will enroll in the Transcepta supplier network. -
Al Via La Rivoluzione Con Kris Van Assche
il primo quotidiano della moda e del lusso Anno XXIX n. 066 - € 0,50 Direttore ed editore Caporedattore MFmercoledì fashion 4 aprile 2018 MF fashion Paolo Panerai - Stefano RoncatoI 04.04.18 ONLINE SU MFFASHION.COM LE GALLERY FOTOGRAFICHE DELLE COLLEZIONI F-W 2018/19 KRIS VAN ASSCHE KRIS VAN BBerlutierluti aall vviaia llaa rrivoluzioneivoluzione cconon KKrisris VVanan AAsschessche IIll ddesigneresigner bbelga,elga, eexx DDior,ior, è sstatotato nnominatoominato ddirettoreirettore ccreativoreativo ddii rreadyeady ttoo wwearear e aaccessoriccessori ddelel mmarchioarchio aall ppostoosto ddii HHaideraider AAckermann,ckermann, aandandondando a ccompletareompletare llaa nnuovauova ssquadraquadra ddelel mmenswearenswear ddelel ggrupporuppo ffranceserancese LLvmhvmh DDebutteràebutterà a PParigiarigi nnelel ggennaioennaio 22019019 rosegue il movimento dei direttori creativi all’interno del gruppo Lvmh, con un focus sul menswear. Il gruppo d’Oltralpe da 42,6 miliardi di euro di ricavi nel 2017 (+13%) ha annunciato che Kris PVan Assche sarà il nuovo designer di Berluti per il ready to wear, le calzature e gli accessori. Andrà a sostituire Haider Ackermann, la cui uscita è stata comunicata venerdì, e presenterà la sua prima collezione durante la settimana della moda di Parigi dedicata al menswear di genna- continua a pag. II BLACKSTAGE di Giampietro Baudo Ecce homo! Il menswear è morto? No, certamente no. Forse stan- la collezione homme Céline by Hedi Slimane. Ma tutta to, Craig Green, e sul debutto in pedana dell’uomo di no soffrendo le fashion week al maschile minori. Forse la stagione mannish sarà punteggiata da debutti eccel- Paul Surridge per Roberto Cavalli. Anche se le sorpre- sta soffrendo a livello di vendite retail. Sicuramente lenti e rilanci blasonati. -
TRANSLATION of the FRENCH “RAPPORT ANNUEL” AS of APRIL 30, 2013 Combined Shareholders’ Meeting October 18, 2013
TRANSLATION OF THE FRENCH “RAPPORT ANNUEL” AS OF APRIL 30, 2013 Combined Shareholders’ Meeting October 18, 2013 This document is a free translation into English of the original French “Rapport annuel”, hereafter referred to as the “Annual Report”. It is not a binding document. In the event of a conflict in interpretation, reference should be made to the French version, which is the authentic text. Chairman’s message 2 Parent company financial statements 183 Executive and Supervisory Bodies - Statutory Auditors 1. Balance sheet 184 as of April 30, 2013 4 2. Income statement 186 Simplified organizational chart of the Group 3. Cash flow statement 187 as of April 30, 2013 5 4. Notes to the parent company financial statements 188 Financial highlights 6 5. Subsidiaries and equity investments 196 6. Portfolio of subsidiaries and equity investments, Management report of the Board of Directors 7 other long-term and short-term investments 197 CHRISTIAN DIOR GROUP 7. Company results over the last five fiscal years 198 8. Statutory Auditors’ reports 199 1. Consolidated results 8 2. Results by business group 11 Resolutions for the approval of the Combined 3. Business risk factors and insurance policy 19 Shareholders’ Meeting of October 18, 2013 203 4. Financial policy 25 5. Stock option and bonus share plans 28 Ordinary resolutions 204 6. Exceptional events and litigation 29 Extraordinary resolution 206 7. Subsequent events 30 Statutory Auditors’ report on the proposed 8. Recent developments and prospects 30 decrease in share capital 207 CHRISTIAN DIOR PARENT COMPANY Other information 209 1. Results of Christian Dior 32 GOVERNANCE 2. -
View a List of Our Clients
WORLD MODE HOLDINGS Clients A.P.C. JAPAN LTD. John Lobb Japan Limited Adastria Co., Ltd. Kanebo Cosmetics Inc. Agnes b. Sunrise Inc kate spade japan Co., Ltd. AHKAH, Co., Ltd. Kering Japan Limited. AiiA corporation KOSE Corporation. ALBION Co.,ltd Kuipo Co.,Ltd. ANA TRADING DUTY FREE CO.,LTD. Link Theory Japan Co., Ltd. ASICS Corporation LOUIS VUITTON JAPAN K.K. Baccarat Pacific K.K. LVMH Fashion Group Japan K.K., Loewe Japan Barneys Japan Co., Ltd. LVMH Fashion Group Japan K.K., Celine Japan BAROQUE JAPAN LIMITED LVMH Fashion Group Japan K.K., Emilio Pucci Japan. BAYCREW'S CO.,LTD. LVMH Fashion Group Japan K.K., givenchy Japan Bluebell Japan Ltd. LVMH Fragrance Brands K.K. BOTTEGA VENETA JAPAN LIMITED. LVMH Watch & Jewelry Japan K.K. Brooks Brothers (Japan),Ltd. MARC JACOBS JAPAN K.K. Bulgari Japan Ltd. MARNI JAPAN CO., LTD. BURBERRY JAPAN K.K. MARY QUANT COSMETICS LTD. CAITAC GROUP. Max Mara Japan Co.,Ltd. CHANEL K.K. Michael Kors Japan K.K. CHIFURE CORPORATION MISAKI SHOJI CO.Ltd. Chopard Japan Ltd. MONCLER JAPAN CORPORATION Christian Dior K.K. NICOLE Co.,Ltd. Club 21 Japan Co Ltd NIHON L'ORÉAL K.K. Cole Haan Japan, Inc. ONWARD HOLDINGS Co., Ltd. COX CO.,LTD PAL Co.,ltd. Daimaru Matsuzakaya Sales Associates Co.Ltd. Parfums Christian Dior (Japon) k.k. Dolce & Gabbana Japan K.K. POLA Inc. Dunlop Sports Co. Ltd. Prada Japan Co.,Ltd. ELC Japan k.k PVH Japan Ltd. e'quipe, LTD. RALPH LAUREN CORPORATION JAPAN F.G.J Co.,Ltd RENOWN INCORPORATED FANCL Corporation RICHEMONT JAPAN Ltd. -
Revenue Growth of 16% in First Quarter 2019
Revenue growth of 16% in first quarter 2019 Paris, April 10th 2019 LVMH Moët Hennessy Louis Vuitton, the world’s leading high quality products group, recorded revenue of 12.5 billion Euros for the first quarter 2019, an increase of 16%. Organic growth* was 11% compared to the same period of 2018. The trends observed in 2018 continued throughout the first quarter. All geographic regions are experiencing good growth. Revenue by business group: % Change Q1 2019 / Q1 2018 In million euros Q1 2019 Q1 2018 Reported Organic* Wines & Spirits 1 349 1 195 + 13 % + 9 % Fashion & Leather Goods 5 111 4 270 + 20 % + 15 % Perfumes & Cosmetics 1 687 1 500 + 12 % + 9 % Watches & Jewelry 1 046 959 + 9 % + 4 % Selective Retailing 3 510 3 104 + 13 % + 8 % Other activities and eliminations (165) (174) - - Total LVMH 12 538 10 854 + 16 % + 11 % * with comparable structure and exchange rates. The currency effect for the Group is +5%. The Wines & Spirits business group recorded organic growth of 9% in the first quarter of 2019. Champagne volumes were stable over the period. Prestige cuvées performed particularly well, notably in the United States and Japan. The business group also benefited from a firm pricing policy. Hennessy cognac volumes increased by 11%. The US and Chinese markets grew fast. The Fashion & Leather Goods business group achieved organic revenue growth of 15% in the first quarter of 2019. Louis Vuitton continued its remarkable growth across all of its businesses. Its performance was exceptional, its creativity ever more striking and innovative, and its Men’s and Women’s Autumn-Winter fashion shows were universally acclaimed. -
Wvb Dossier Report Lvmh Moet Hennessy - Louis Vuitton Se
WVB DOSSIER REPORT LVMH MOET HENNESSY - LOUIS VUITTON SE LVMH MOET HENNESSY - LOUIS VUITTON SE Generated On 22 Dec 2020 COMPANY PROFILE BUSINESS SALES BREAKDOWN WVB Number FRA000090103 Date 31-DEC-18 31-DEC-19 ISIN Number ARDEUT111929, FR0000121014, US5024412075 Currency EUR ('000) EUR ('000) Status ACTIVE [ PUBLIC ] FASHION AND LEATHER GOODS 18,455,000 22,237,000 SELECTIVE DISTRIBUTION 13,646,000 14,791,000 Country of Incorporation FRENCH REPUBLIC (FRANCE) PERFUMS AND COSMETICS 6,092,000 6,835,000 Industry Classification WINE,BRANDY & BRANDY SPIRITS (2084) WINE & SPIRITS 5,143,000 5,576,000 Address 22 AVENUE MONTAIGNE, PARIS, PARIS WATCHES & JEWELRY 4,123,000 4,405,000 Tel +33 144132222 OTHER AND HOLDINGS 714,000 1,214,000 Fax +33 144132223 ELIMINATIONS -1,347,000 -1,388,000 Website www.lvmh.fr Principal Activities The Company is a France-based luxury goods company. It owns a portfolio of luxury brands and GEOGRAPHIC SALES BREAKDOWN its business activities are divided into five segments: Wines and Spirits, Fashion and Leather Date 31-DEC-18 31-DEC-19 Goods, Perfumes and Cosmetics, Watches and Jewelry and Selective Retailing. Currency EUR ('000) EUR ('000) ASIE (HORS JAPON) 13,723,000 16,189,000 DIRECTORS/EXECUTIVES ÉTATS-UNIS 11,207,000 12,613,000 EUROPE (HORS FRANCE) 8,731,000 10,203,000 Chairman YVES-THIBAULT DE SILGUY AUTRES PAYS 5,323,000 6,062,000 Chairman BERNARD ARNAULT FRANCE 4,491,000 4,725,000 Chief Executive Officer BERNARD ARNAULT JAPON 3,351,000 3,878,000 Chief Financial Officer JEAN-JACQUES GUIONY Secretary MARC ANTOINE -
Press Release
Press release Tiffany & Co. Stockholders approve Acquisition by LVMH Paris, February 4, 2020 LVMH Moët Hennessy Louis Vuitton SE (“LVMH”), the world’s leading luxury products group, announced that stockholders of Tiffany & Co. (NYSE: TIF) (“Tiffany”) have voted overwhelmingly to approve the previously announced merger agreement relating to the proposed acquisition of Tiffany by LVMH at a special meeting of Tiffany stockholders that was held today. According to the agreement announced on November 25, 2019, LVMH will acquire Tiffany, the global luxury jeweler, for $135 per share in cash, in a transaction with an equity value of approximately €14.7 billion or $16.2 billion. Bernard Arnault, Chairman and Chief Executive Officer of LVMH, commented: “This approval is a significant milestone as we move closer to completing our acquisition of Tiffany, an iconic company with a rich heritage and unique positioning in the global luxury jewelry market. A globally recognized symbol of love, Tiffany will be an outstanding addition to our unique portfolio of luxury brands. We look forward to welcoming Tiffany into the LVMH family and helping the brand reach new heights as an LVMH Maison.” The transaction is still expected to close in the middle of 2020, subject to the receipt of regulatory approvals and satisfaction or waiver of other customary closing conditions. LVMH LVMH Moët Hennessy Louis Vuitton is represented in Wines and Spirits by a portfolio of brands that includes Moët & Chandon, Dom Pérignon, Veuve Clicquot Ponsardin, Krug, Ruinart, Mercier, Château d’Yquem, Domaine du Clos des Lambrays, Château Cheval Blanc, Colgin Cellars, Hennessy, Glenmorangie, Ardbeg, Belvedere, Woodinville, Volcán de Mi Tierra, Chandon, Cloudy Bay, Terrazas de los Andes, Cheval des Andes, Cape Mentelle, Newton, Bodega Numanthia and Ao Yun. -
Jeremy Renner Wears Dior Homme’S Wool Suit and Armani’S Cotton Shirt, Thom Browne’S Pocket Square
FALL 2010 / SPRING 2011 FirstWWD Look THEThe NEW SUITS: Magazine SLIM SHAPES, NEUTRAL PALETTE RAF SIMONS FROMHEADLINE AVANT-GARDE TO CENTER STAGE Super Manny EMANUELGOES CHIRICO’S GLOBALHERE VISION FOR CALVIN & TOMMY ZEGNA AT 100 PLUS RETROSEXUAL REVOLUTION MISTAKES MEN MAKE LUXURY REDEFINED JAPAN’S NEXT WAVE THE J. CREW FACTOR Display untilTHE XXXXXX LOOK 00, 2006 OF $10.00 WALL STREET DENIM ON THE BEACH JEREMYSPRING RENNER The Toast of the Town 0621.MW.001.Cover.a;23.indd 1 6/7/10 10:36:57 PM FABRIC N°1 A re-edition of the 1910 original, for the modern man AN ENDURING PASSION FOR FABRIC AND INNOVATION SINCE 1910 zegna.com FABRIC N°1 A re-edition of the 1910 original, for the modern man AN ENDURING PASSION FOR FABRIC AND INNOVATION SINCE 1910 zegna.com American Style. Ame rican Made. American Style. Ame rican Made. contents IN THE KNOW 15 People, places and things—talking points from the world of Menswear. RISING IN THE EAST Five Tokyo-based designers of the moment aim to build an international presence. 18 By Amanda Kaiser LET’S BE FRANK J. Crew’s Frank Muytjens has emerged as one of the most infl uential designers in 20 men’s fashion. By Jean E. Palmieri GREED LOOKS GOOD As Gordon Gekko resurfaces in the hedge fund era, Oliver Stone’s sequel tracks 22 the evolution of Wall Street style. By Brenner Thomas ON THE GRID 24 Highlights of fall culture and commerce. By Brenner Thomas MISTAKES MEN MAKE 26 The experts weigh in on the worst blunders in men’s fashion.