Parfums Christian Dior Appoints New Brand General Director – WWD 1/3/2020, 8:31 PM

Total Page:16

File Type:pdf, Size:1020Kb

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. “In addition to the strength of its iconic perfumes J’Adore, Miss Dior and Sauvage, makeup and skin care contributed significantly to the excellent performance of the maison,” LVMH Azzedine Alaïa RTW Fall 2020 said in a statement. You May Also Like Backstage at Rokh RTW Fall 2020 Christian Dior LVMH Moët Hennessy Louis Vuitton InInès de la Fressange RTW Fall 2020 https://wwd.com/beauty-industry-news/beauty-features/parfums-christian-dior-names-new-brand-general-director-1203509974/ Page 2 of 5 Parfums Christian Dior Appoints New Brand General Director – WWD 1/3/2020, 8:31 PM They Are Wearing: Paris Fashion Week Fall 2020 FREE ALERTS & NEWSLETTERS Enter your email address SIGN UP ByBy subscribing,subscribing, youyou agreeagree toto ourour PrivacyPrivacy PolicyPolicy andand TermsTerms ofof Use.Use. TRENDING Ron Howard movies: 15 greatest films ranked from worst to best ‘Parasite’ Graphic Novel Set for U.S. Release With 304 Pages of Bong Joon Ho’s… Tierra Whack Talks Fashion, ‘What Whack Wears,’ and Her Next Album https://wwd.com/beauty-industry-news/beauty-features/parfums-christian-dior-names-new-brand-general-director-1203509974/ Page 3 of 5 ! Parfums Christian Dior Appoints New Brand General Director – WWD 1/3/2020, 8:31 PM Serena Williams' Daughter Olympia Treats Her #Girl‐ Dad Alexis to a… SOCIAL STUDIES @wwd We got ready for Paris Fashion Week with Talita Von Furstenberg. ⁣⁣ ⁣⁣ @tvf was in her grandmother @therealdvf’s Parisian apartment, a sprawling set of rooms on the Left Bank complete with Saint Laurent creative director Anthony animal-print carpets, fresh flowers and huge Vaccarello received carte blanche for the new paintings of Diane by Andy Warhol. She was exhibit at the Yves Saint Laurent Museum in Paris.⁣⁣ getting ready to attend the Saint Laurent show ⁣⁣ The exhibit celebrates muse Betty Catroux and later that evening.⁣⁣ ⁣⁣ While she usually flies over marks a departure for the museum because it from New York to see the Paris ready-to-wear has has rarely showcased the women in Saint shows, this season she was over for a very Laurent’s orbit. ⁣⁣ ⁣⁣ The exhibition features 45 outfits special occasion: The whole family is attending selected by Vaccarello, divided into sections her grandmother’s French Legion of Honor dedicated to the Saharienne, black leather, ceremony on Friday evening.⁣⁣ ⁣⁣ “My dad has rented daywear and tuxedos, all displayed on out the Eiffel Tower restaurant for the evening, mannequins wearing sunglasses and blonde and at midnight we’re all going up to turn the Eiffel wigs. Among her unique styling tricks: tucking her Tower lights on,” said von Furstenberg, who is the sunglasses into her waistband, and using a shoe daughter of Prince Alexander von Furstenberg, dust bag as an evening bag.⁣⁣ ⁣⁣ Tap the link in bio to Diane’s eldest son.⁣⁣ ⁣⁣ At the link in bio the 20-year- see more. ⁣⁣ ⁣⁣ Report: @jdiderich ⁣ ⁣ —⁣ #wwdfashion⁣ old NYU student and creative director of TVF chats sustainability, family celebrations and caviar potatoes in her grandmother’s Parisian flat.⁣⁣ ⁣⁣ Report: @fleurfleurette ⁣ : @kukukuba ⁣ ⁣ —⁣ #wwdeye⁣ #talitavonfurstenberg ⁣ #pfw⁣ #ysl More From Our Brands https://wwd.com/beauty-industry-news/beauty-features/parfums-christian-dior-names-new-brand-general-director-1203509974/ Page 4 of 5 Parfums Christian Dior Appoints New Brand General Director – WWD 1/3/2020, 8:31 PM FOOTWEARFOOTWEAR NEWSNEWS FAIRCHILDFAIRCHILD LIVELIVE SOURCING JOURNAL ROBB REPORT SHEKNOWS Thom Browne Puts 2020 WWD Digital How Businesses and How the Race for Ex‐‐ A Meghan Markle Su‐‐ On Parade of Fantas‐‐ Beauty Forum IndividualsIndividuals CanCan PrePre‐‐ clusivity Gave Rise perhero Movie Is One ticaltical Animals,Animals, GivingGiving pare for an Out‐‐ toto PrivatePrivate We'd Need to See Nods to Narnia & break: The Week Restaurants ASAP Noah’s Ark Ahead 5h Ago 3 months Ago 2d Ago 3h Ago 2h Ago Subscribe to WWD’s Enter email address SIGN UP By subscribing, you agree to our Privacy Policy and newsletters Terms Of Use. Get all the top news© stories Copyright and alerts 2020 straight - toPenske your Media Corporation inbox. Privacy https://wwd.com/beauty-industry-news/beauty-features/parfums-christian-dior-names-new-brand-general-director-1203509974/ Page 5 of 5.
Recommended publications
  • 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).
    [Show full text]
  • 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.
    [Show full text]
  • 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 .
    [Show full text]
  • 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.
    [Show full text]
  • 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.
    [Show full text]
  • 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.
    [Show full text]
  • 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
    [Show full text]
  • 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.
    [Show full text]
  • No C 262/2 Official Journal of the European Communities 8
    No C 262/2 Official Journal of the European Communities 8. 10. 91 Notice pursuant to Article 19 (3) of Council Regulation (EEC) No 17 (') concerning Case No IV/33.542 — Parfums Givenchy (91/C 262/02) 1. Parfums Givenchy SA, Levallois-Perret, France, (a) Selection criteria notified the Commission on 19 March 1990 of a standard-form selective distribution contract for the marketing of its perfumery, skin care and beauty products in the Member States of the European The only retailers admitted into the selective distri­ Economic Community. Givenchy applied for exemption. bution network are those approved by Givenchy or by its exclusive agents on the basis of the selection criteria set out below: 2. Givenchy forms part of Groupe Louis Vuitton Moet-Hennessy, whose activities comprise luxury perfumery products, leather goods, luggage and acces­ sories, champagnes and wines, cognacy spirits, haute (i) authorized retailers, or their sales staff, must couture and fashion accessories. Groupe Louis Vuitton have a professional qualification in perfumery, Moet-Hennessy controls other companies which are in the form either of a beauty specialist's direct or indirect competitors of Givenchy, namely diploma, or a certificate recognized by the Parfums Christian Dior, Parfums Christian Lacroix and relevant Ministry or professional perfumery Roc. training certificate issued by a chamber of commerce and industry of one of the Member States, or at least three years' sales experience 3. Cosmectic products cover a wide variety of articles in perfumery. In addition, authorized retailers intended for many different uses and include in undertake to attend the training or further particular perfumery, skin care and beauty products and training sessions organized by Givenchy, hair care and toiletry products.
    [Show full text]
  • The Creative Talents
    VIRGIL ABLOH MEN’S ARTISTIC DIRECTOR LOUIS VUITTON Born in rockford, illinois in 1980, Virgil Abloh is an artist, architect, engineer, creative director, and designer. After earning a degree in Civil Engineering from the University of Wisconsin Madison, he completed a Master´s Degree in Architecture at the Illinois Institute of Technology in a curriculum founded by Mies van der Rohe. It was here that he learned not only about modernist design principles but also about the concept of multi- disciplinary working. Virgil Abloh’s brand Off-White c/o Virgil Abloh™ was started in 2012 as an artwork titled "PYREX VISION." In 2013, the brand premiered a seasonal men's and women's fashion label showing runway collections during Paris Fashion Week since 2015. Abloh has also presented his work at major design institutions around the globe by the likes of Harvard Graduate School of Design, Columbia Graduate School of Architecture, Planning and Preservation and the Rhode Island School of Design. In 2019 he will have a major exhibition of past and current work at the Museum of Contemporary Art of Chicago, Illinois. In 2015, Virgil Abloh for Off-White c/o Virgil Abloh™ is among the finalists of the LVMH Prize. He has been awarded various prizes, most recently winning the British Fashion Awards Urban Luxe award and International Designer of the Year at the GQ Men of the Year Awards in 2017. © Louis Vuitton JONATHAN ANDERSON CREATIVE DIRECTOR LOEWE Born in 1984 in Northern Ireland, lives in London, Madrid and Paris. Graduate of the London College of Fashion.
    [Show full text]
  • Press Release
    PRESS RELEASE LVMH increases up to 10% the shareholding held in Tod’s. Through this transaction, the twenty-year friendship between the Arnault and Della Valle families is reinforced. Milan – Paris, April 22nd, 2021 On the date hereof, Diego Della Valle & C S.r.l. (a company controlled by Mr Diego Della Valle) entered into a sale and purchase agreement with Delphine S.A.S. (a fully-owned subsidiary of LVMH) for the sale of no. 2,250,000 shares of Tod’s S.p.A., representing 6.8% of Tod’s share capital. LVMH already owns 3.2%. The price per share is 33.10 Euros, equal to the volume weighted average price of Tod’s shares of the fifteen trading days preceding the signing. The transaction will be executed on 28 April 2021. Upon completion, Mr. Diego Della Valle will own, directly and indirectly, 63.64% of Tod’s outstanding shares and LVMH will own 10.00%. Bernard Arnault said: “The friendship with Diego Della Valle and his family goes back over 20 years, a relationship cemented by common human and professional values. We are very happy to reinforce further this partnership.” Diego Della Valle said: “I am delighted by this transaction which consolidates the friendship between myself, my family, Bernard and his family, that lasts longer than 20 years now. We share the values of luxury, quality and products appeal. This may represent an excellent reason to consider further opportunities to be taken in the future ahead.” 1 / 2 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, Ao Yun, Château d'Esclans and Château du Galoupet.
    [Show full text]
  • Press Release
    Press release LVMH to supply several million surgical masks in France Paris, March 21, 2020 Following the retooling of its Perfumes & Cosmetics production units to manufacture and distribute large quantities of hydroalcoholic gel free of charge, LVMH has pledged to help address the surgical mask shortage France is currently facing. By virtue of its global distribution network, LVMH has managed to secure an order with a Chinese industrial supplier for a delivery of 10 million masks in France in the coming days (seven million surgical masks and three million FFP2 masks). The order will be repeated for at least four weeks in similar quantities (ie approximately 40 million masks). In order to secure this order during an extremely tense period and to ensure that production begins today, Bernard Arnault arranged for LVMH to finance the whole of the first week of deliveries, amounting to five million euros. The LVMH Group will assume management of the supply chain, delivery and custom clearance for all subsequent deliveries. LVMH should be in a position to dispatch the first masks to French health authorities early next week as a result of the additional funding and the Group’s ability to rapidly deploy its network. 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, Ao Yun and Château du Galoupet.
    [Show full text]