Your Citizen by Simone Di Salvo Twin Flame

Total Page:16

File Type:pdf, Size:1020Kb

Your Citizen by Simone Di Salvo Twin Flame lNo.4| Ouctober 2020 sh. YOUR CITIZEN BY SIMONE DI SALVO TWIN FLAME - FASHION DIALOGUE lush. Editor-in-chief Iason Raissis Art Director Elisabetta Mako Editor-at-Large Terry Raissis Street Style Editor Athina Krizel Runway & Global Editor Iris Zimble Archive Editor Fivos Dimitrakopoulos Global Editor Laura Lamberti lushbyir.org/magazine THE OCTOBER SELECTION lushbyir.org | 02 Editorial 04 Cover Story 08 Photographer's Eye 13 Global Industry 15 Opinions 17 Archive lushbyir.org | 1 In Memoriam of The Man Who Embraced Diversity in Fashion Kenzo Takada. By Terry Raissis Kenzo died on Sunday, October 4, at the age of 81. Born in Japan, he was the first to introduce the Japanese culture into fashion and his work paved the way for dozens of other Japanese designers, such as Yohji Yamamoto και Rei Kawakubo. With his extraordinary talent, he created a new aesthetic that transcended borders, colors, and cultures, "embraced" diversity, was not afraid to innovate and influenced an entire generation. Kenzo was born on February 27, 1939 on Honsu island and from a very young age showed his love of fashion. He studied at Bunka Fashion College in Tokyo and his talent was quickly recognized. But his real contact with haute-couture took place in 1965 in Paris, which fascinated him ever since. He started his career in Paris by selling sketches of his designs to fashion houses, for 25 francs each. He saved money, working as a stylist, to create his first collection. Shortly afterwards, one of his designs makes cover on ELLE magazine. This legend of Japanese fashion was the first to harmoniously combine Japanese and Western cultures and worked with great success for the theatre and cinema. His designs were best known for their asymmetrical forms, while avoiding (the obvious) seams and zippers, pre-judging more free designs. Kenzo's creations stood-out for their wide sleeves, which gave volume to the clothes, while the colors and designs aimed to surprise. EDITORIAL lushbyir.org | 2 Since 1993, the “Kenzo” brand is owned by the French luxury goods company LVMH. In 1999, Kenzo announced his retirement from the fashion world to test his skills in the field of art and interior design. Since 2011, the artistic directors of the house are Humberto Leon and Carol Lim, who are also its chief designers. The Flower by Kenzo, the famous fragrance released in 2000, was listed by Vogue's website as one of the best classic French fragrances of all time. In 2016, Kenzo was honored by the French government with the Legion of Honor medal for his contribution to the fashion and design industry. Kenzo made history as the designer who made "fashion for all", since as he himself told the New York Times in 1972: "Fashion is not for the few. It is for all people. We shouldn't take it so seriously”. EDITORIAL lushbyir.org | 3 Editor: Laura Lamberti Media: YOUR CITIZEN YOUR CITIZEN by Simone Di Salvo Émile Zola once said that “The artist is nothing without the gift, but the gift is nothing without work.” These are the words that come to my mind as I sit across from Simone Di Salvo in my small kitchen in central Rome, setting up the recording for what I believe to be this artist’s first interview. Di Salvo does indeed have a gift, but unlike the numerous artists who have always known they had a calling, a proclivity for art, he discovered his gift and passion as a result of an obligation to engage in it. After only a couple of years, Di Salvo, who wholeheartedly dedicated himself to this newly discovered gift of his, is able to boast various recognitions in international art competitions, a well- established art page on social media, a brand of his own, and various commissioned projects among which one involving one of the renowned theaters of the Italian capital. L.L. : “Talk to me about your artistic project. How did you get into the art world, how did it evolve from solely drawing, to entering the universe of graphic design and in addition to this experimenting with fashion?” S.D.S. : “I was never aware of the fact that I had any artistic inclination, until I was forced to take art classes as part of my high school curriculum. Witnessing myself develop a set of skills, a style, I realized it was something I wanted to pursue. In the last few months of high school I got the chance to exhibit some of my first works, and consequently got the chance to see how people interacted with it. Seeing that motivated me; it made me aware of the fact that people who did not know me were nonetheless interested in my art, legitimizing my view of my work as that; art. I then started developing my goals and started illustrating in one -line.” L.L. : “The choice to start showcasing your art came pretty early on, and the means through which you decided to expose your work was through a social media page, is that right?” COVER STORY lushbyir.org | 4 S.D.S. : “Yes, I opened the YOURCITIZEN Instagram page pretty early on. That’s my art name. It started a little like it did for Banksy. I started creating stickers with my original drawings and hiding them around school. No one knew where these stickers came from, or who made them, because I signed them as YOURCITIZEN. The message I was trying to get across was that the person disseminating these bits and pieces of art was among them, but they didn’t have to know who it was, because it didn’t matter. People started getting curious and I found myself playing a little bit of a psychological game.” Di Salvo’s YOURCITIZEN page soon gathered a considerable following, giving him the exposure that then led him to the next steps in his artistic career, namely collaborations with other artists and the founding of the homonymous minimalist fashion brand. L.L. : “Would you say that there is a connection between the name and the tone of your art? Your art is very human, extremely relatable, but at the same time, it often consists of one- line, which results in the figures’ facial structure not being extremely delineated. Do you see a connection to the universality of the name YOURCITIZEN?” S.D.S. : “I think that there is definitely a connection there. I mainly draw faces, I am fascinated by facial expressions, but typically when you see a face as a portrait, or in realistic cartoon form, you can identify that that’s a face straight away. The one-line technique on the other hand, opens up the viewer’s imagination, because it forces the viewer to piece together the fragments to, to create the whole. Even if it only takes one additional millisecond, that’s what makes it stick, what makes it a good drawing. I think it is the norm for people to relate to paintings, drawings, illustrations at an emotional level. Art does that, it transmits emotion, but very few works have the ability to ignite the viewer’s imagination. That is precisely what I want to do.” And as Di Salvo passionately speaks about how meaningful it is to him to see viewers interact with his art, I cannot help but think of an interactive art installation I stumbled across at the Fábrica de Arte Cubano in Havana, where multiple senses were awakened by the use of fragrances, live music, and dancing as part of the exhibition. I ask him if he would ever consider diving into this field of interactive art himself, and as he takes a drag of his vape, he shakes his head and explains that while there is a possibility of him following the path of interactive installations, he would focus on interaction through the use of technology in the world of graphic design. “There are a lot of 3D creations and installations that are based on the overlap of sound and movement and I think that could be the next step in my art.” COVER STORY lushbyir.org | 5 L.L. : “There is one aspect of your art we haven’t addressed yet. We followed your development until your social media page. From there you launched your own brand, what prompted that switch?” S.D.S.: “That was a dream. I always dreamed of wearing pieces created by me, which truly spoke to me. I wanted something that could fit my personality, my minimalist style, so I decided to stop dreaming and start creating. It’s not about the money or the approval, it’s about the message I’m getting across. What I want from this endeavor is to be able to walk around and see people I don’t know wearing my clothing; to have people relate to it. As you will have noticed I do not advertise the brand excessively, that’s because I want to preserve the niche nature of the audience, I want the customers to have sought out the pieces.” L.L. : “Independently of the degree to which you want to focus on advertising the fashion brand itself, exposure for a new talent like you is essential. What is your advice to other budding artists who are seeking exposure, who look to have their works showcased?” S.D.S. : “When it comes to exposure, contests are an incredible asset. My following increased significantly after receiving the Honorable Mention at the London International Creative Competition. And the following you gain from competitions like the LICC is a type of following focused on the technique, on the style, not simply on how aesthetically pleasing a work is.
Recommended publications
  • Passionate About Creativity the LVMH SPIRIT
    2019RAPPORT ANNUAL ANNUELREPORT 2019 PassionateLa passion aboutcréative creativity Passionate about creativity THE LVMH SPIRIT Louis Vuitton and Moët Hennessy merged in 1987, creating the LVMH Group. In 1989, Bernard Arnault became the Group’s majority shareholder, and Chairman and Chief Executive Officer, with a clear vision: to make LVMH the world leader in luxury. Today, the LVMH Group comprises 75 exceptional Maisons, each of which creates products that embody unique craftsmanship, carefully preserved heritage and dynamic engagement with modernity. Through their creations the Maisons are the ambas- sadors of a distinctive, refined art de vivre. LVMH nurtures a family spirit underpinned by an unwavering long- term vision. The Group’s vocation is to ensure the development of each of its Maisons while respecting their identity and their auton- omy, by providing all the resources they need to create, produce and distribute their products and services through carefully selected channels. All of LVMH’s stakeholders share three core values. These values drive our Maisons’ performance and ensure their longevity, while keeping them attuned to the spirit of the times and connected to society. The Group has made sustainable development a stra- tegic priority since its creation. Today, that commitment provides a clear answer to the issue of the ethical responsibility of busi- nesses in general, and to the distinctive role a group such as LVMH should play in France and around the world. Our philosophy: Passionate about creativity LV M H VA L U E S Innovation and creativity Because our future success will come from the desire that our new products elicit while respecting the roots of our Maisons.
    [Show full text]
  • Press Release
    Press Release Contact: Christopher Kang (London), +44 207 061 3525, [email protected] Stephanie Yera (New York), +1 212-556-1957, [email protected] TECH AND POLICY LEADERS TO JOIN CELEBRITIES, ECONOMISTS, GLOBAL CEOS AND OTHER INFLUENCERS AT NEW YORK TIMES LUXURY CONFERENCE Chanel’s Maureen Chiquet, Gucci’s Marco Bizzarri, Will.i.am, Nouriel Roubini, Victoria Beckham and a diverse mix of stylemakers to join NYT Fashion Director Vanessa Friedman in Versailles November 17-18 LONDON, SEPTEMBER 14, 2015 – The New York Times announces additional distinguished participants to join Vanessa Friedman and award-winning NYT journalists at the New York Times International Luxury Conference in Versailles on November 17-18, rounding out its unprecedented program. The invitation-only event will explore the dramatic ways the luxury industry is changing in its quest for the hearts and minds of consumers around the world. The following experts have just been added to the lineup: Matt Jacobson, head of market development, Facebook Nacho Figueras, professional polo player and Ralph Lauren brand ambassador Bernard Kouchner, former French Minister of Foreign and European Affairs, and founder, Doctors Without Borders Santiago Barberi Gonzalez, president and executive creative director, Nancy Gonzalez and Santiago Gonzalez Accessories Maureen Mullen, co-founder and head of research, L2 Inc. They are the latest additions to a stellar group of participants that already includes: Maureen Chiquet, global CEO, Chanel Ariel Emanuel, co-CEO of WME |
    [Show full text]
  • Fashion's Autumn/Winter 2014 Ad Campaigns | Financial Times
    04/01/2020, 10:22 Page 1 of 1 Luxury goods Add to myFT Fashion’s autumn/winter 2014 ad campaigns A deconstruction of the industry’s ads for the season reveals a sombre economic mood Share Save David Hayes AUGUST 8 2014 Hemlines may once have been a cute way of monitoring the state of the economy – rather aptly, they are all over the place these days – but nothing gives a snapshot of global hard-currency health better than a flick through the September issues of the world’s glossiest fashion magazines. Landing on newsstands with a reassuringly weighty thud early this month, the current edition of US Vogue has more advertising than any other American fashion or lifestyle magazine, with a whopping 631 ad pages. Yet it is still down 4.5 per cent on last year’s Lady Gaga extravaganza of 665 pages – which in turn was down on the magazine’s peak of 727 pages of ads in 2007. The luxury sector may not have turned an economic corner – yet. And in fashion terms the mood is not exactly upbeat, either: think brown and black set against brutalist concrete architecture (Prada); corseted women hanging around in a drab hotel suite (Dior); and models trapped in a surrealist crazy golf course from hell, wearing equally disturbing knitwear (Kenzo). Yes, advertising matters, not only as a barometer of the spending trends of the fashion world, but also as a tone-setting exercise. The following images are how fashion should look this autumn/winter, straight from the designer’s eye, so take note.
    [Show full text]
  • Press Release
    Press Release Contacts: Vicky Taylor, +44 207 061 3520, [email protected] WILL.I.AM JOINS SPEAKER LINE UP FOR THE NEW YORK TIMES INTERNATIONAL LUXURY CONFERENCE Chopard is confirmed as principal sponsor LONDON, JULY 9, 2015 – After joining last year’s event in Miami, global music artist, entrepreneur and philanthropist, will.i.am, will return to the New York Times International Luxury Conference on November 17– 18 at the Trianon Palace Versailles where he will be in conversation with Victoria Beckham. The New York Times International Luxury Conference, now in its fifteenth year, brings together the most influential figures of the luxury and fashion worlds to discuss the concept of ‘Luxury Beyond Product’ and explore the evolution of the luxury experience for both brands and consumers. Global luxury watch, jewelry and accessories company, Chopard, is also announced as principal sponsor of the event. Conference host, New York Times Fashion Director Vanessa Friedman, will also welcome other new speakers who include Gianluca Flore, (C.E.O., Brioni), Liam Casey, (C.E.O., PCH), Andrew Keith (President, Lane Crawford & Joyce) and Hans Ulrich Obrist, (Co-Director, Exhibitions and Programmes and Director, International Projects, Serpentine Galleries). Vanessa Friedman, Fashion Director, The New York Times, said, “It's often from unexpected directions that the best new ideas come, and I am incredibly excited about the potential for strategic inspiration represented by our new speakers. All innovators and rule-breakers in their respective fields, be it luxury, entertainment and sports, or art, they will meet for the first time under the big tent of The New York Times in Versailles.
    [Show full text]
  • In This Week's Issue
    For Immediate Release: March 13, 2017 IN THIS WEEK’S ISSUE Featuring a Previously Unpublished Short Story by F. Scott Fitzgerald The Trump Administration Disrupts the Daily Briefing In the March 20, 2017, issue of The New Yorker, in “Trolling the Press Corps” (p. 52), Andrew Marantz reports from the White House briefing room, where veteran White House correspondents and reporters from far-right outlets speak candidly about the Trump Admin- istration’s radical approach to the media. Major Garrett, the chief White House correspondent for CBS News, who sits in the front row, told Marantz, “Historically, the way the White House briefing room has been organized is, the closer you are, the farther you’ve come.” More experienced reporters, he said, “ask questions that are sharper, more informed.” For years, the first question of each press briefing has usually gone to the Associated Press, whose reporters sit in the front row, but at press secretary Sean Spicer’s first briefing, he took no questions; at his second briefing, the first question went to the New York Post. Until recently, the more established correspondents have regarded “floaters”—those who have White House credentials but no assigned seat—as a harmless distraction, the “equivalent of letting a batboy sit in the dugout,” Marantz writes. Now they are starting to see the floaters as an existential threat. “It’s becoming a form of court- packing,” one White House correspondent said. A longtime Washington reporter from a mainstream outlet told Marantz, “I don’t mind them bringing in conservative voices that they feel have been underrepresented.
    [Show full text]
  • Its Cool Downtown Aesthetic and Attention-Grabbing Collaborations Have Made Opening Ceremony the International Arbiter of Style
    BOUTIQUE DISCERNING CURATION Lim and Leon, friends from their days at the University of California, Berkeley, traveled to Hong Kong together after college and realized they wanted to merge their passions for travel, art and fashion. They left behind their corporate jobs—Lim was a merchandiser at Bally while Leon served as the visual director at Old Navy—to open the original Open- ing Ceremony boutique. They quickly became known for their discerning eye and careful curation, stocking a mix of downtown staples and up-and-comers TrottersGlobe Its cool downtown aesthetic and attention-grabbing collaborations have made Opening Ceremony the international arbiter of style for men and women, which has earned hink of the open- counterparts. And it’s not just limited them a celebrity following including ing ceremony to style—the brand has extensions that Hart of Dixie stars Rachel Bilson (who at the Olympic dabble in art, music, culture and more. wore OC on the show in Season 2) and Games and you’ll “You can tell the history of Open- Jaime King. Solange Knowles even likely envision ing Ceremony through a visit to our asked Leon (who pulls double duty as a spectacular fl agship store on Howard Street in the designer for Kenzo) to create her gathering of the best and brightest Manhattan,” says Jacky Tang, vice wedding dress for her surprise nuptials from around the globe. That’s exactly president of retail development. “We last fall in New Orleans. what Carol Lim and Humberto Leon took a chance and opened on this From their minimall concept in wanted to capture in a retail store.
    [Show full text]
  • Carol Lim and Humberto Leon, the Creative Team Behind KENZO, Explain How They Used Photography to Reinvigorate the Iconic Brand
    RE BIRTH OF A BRAND Carol Lim and Humberto Leon, the creative team behind KENZO, explain how they used photography to reinvigorate the iconic brand. Jessica Gordon reports 40 Shooting on Assignment: KENZO Shooting on Assignment: KENZO 41 040-049_05.15_BJP.indd 40 15/03/2016 13:37 040-049_05.15_BJP.indd 41 15/03/2016 13:37 42 Shooting on Assignment: KENZO Shooting on Assignment: KENZO 43 040-049_05.15_BJP.indd 42 15/03/2016 13:37 040-049_05.15_BJP.indd 43 15/03/2016 13:37 4 3 44 Shooting on Assignment: KENZO Shooting on Assignment: KENZO 45 040-049_05.15_BJP.indd 44 15/03/2016 13:37 040-049_05.15_BJP.indd 45 15/03/2016 13:37 1 A shot from KENZO’s autumn/ 3 A shot from KENZO’s spring/ 6 A shot from KENZO’s spring/ winter 2013/14 campaign, shot summer 2015 campaign, shot summer 2013 campaign, shot by Toiletpaper, aka Maurizio by Toiletpaper. by Jean-Paul Goude. Cattelan and Pierpaolo Ferrari. 4 Images from the lookbook for 7 Shots from KENZO’s spring/ 2 A shot by Laetitia Hotte showing KENZO’s resort 2014 collection, summer 2012 campaign – the 10-year-old Dizzie dressed in shot by Jamie Hawkesworth. first that Carol Lim and Humberto clothes from the KENZO Kids’ Leon directed for the brand – shot spring/summer 2015 collection. 5 A shot from Synchrodogs’ story by Roe Ethridge. The story was published on for the KENZO’s website, which KENZO’s website in May 2015. used the autumn/winter 2013/14 All images © KENZO collection and was published in November 2013.
    [Show full text]
  • Sweet Chic Alabama
    A U.S. FIRST FOR CARTIER/22 COURTENEY COX’S BEAUTY PLAN/28 WWDWomen’s Wear Daily • The Retailers’MONDAY Daily Newspaper • September 12, 2005 • $2.00 Accessories/Innerwear/Legwear Sweet Chic Alabama NEW YORK — Natalie Chanin may hail from down South, but the Project Alabama collection she presented on Saturday is fit for girls-in-the-know everywhere — from Montgomery to Milan. A perfect concoction of country and city, the lineup included hand-quilted looks, as well as sleek, polished combinations, like this starry jacket, bustier and skirt. For more on the collections, see pages 6 to 13. Revamping Bergdorf’s: Store Steps Up Program To Build Sales to $500M By David Moin NEW YORK — It’s been an expensive, 10- year, stop-and-go process, but Bergdorf Goodman’s overhaul is picking up steam again. The goal of the project, at an estimated cost of $80 million to $85 million, is to modernize the luxury emporium, retain the classicism while injecting some hipness it’s never had before and grow revenues to at least $500 million a year. And, as Bergdorf’s parent, the Neiman Marcus Group, is close to being acquired by Texas Pacific Group and Warburg Pincus for $5.1 billion, such growth will See Redesigning, Page16 PHOTO BY GEORGE CHINSEE PHOTO BY Advertisement The Australian wool industry has a small problem. It just landed on her right shoulder. Australia, home of the world’s finest calling for an immediate end to mulesing has spent millions of dollars on animal Merino wool and the world’s largest and for people to stop buying Australian welfare research including the search for Merino sheep flock is also, unfortunately, Merino wool until this practice is ceased.
    [Show full text]
  • Business Review
    LVMH 2013 — ANNUAL REPORT BUSINESS REVIEW LVMH_1312090_RA2013_ACTIVITE_Couv_GB.indd 1 13/03/14 20:44 LVMH_1312090_RA2013_ACTIVITE_Couv_GB.indd 2 13/03/14 20:44 CONTENT — Group’s profi le 03 CHAIRMAN’S MESSAGE 06 FINANCIAL HIGHLIGHTS A coherent universe of men and women passionate about 09 INTERVIEW WITH THE their profession and driven by the desire to innovate and GROUP MANAGING DIRECTOR achieve. An unrivalled group of powerfully evocative brands and great names that are synonymous with the history of luxury. 10 GOVERNANCE A natural alliance between art and craftsmanship, dominated 11 EXECUTIVE AND by creativity, virtuosity and quality. A remarkable economic SUPERVISORY BODIES success story with more than 110,000 employees worldwide 13 LVMH’S COMMITMENTS 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 marketing, 16 WINES & SPIRITS industrial organization and management techniques. 26 FASHION & LEATHER GOODS A singular mix of talent, daring and thoroughness in the quest for excellence. A unique enterprise that stands out in its sector. 38 PERFUMES & COSMETICS 48 WATCHES & JEWELRY Our philosophy can be summarized in two words: 58 SELECTIVE RETAILING CREATIVE PASSION. — The values of LVMH Innovation and creativity Because our future success will come from the renewal of our product off ering while respecting the roots of our Maisons. Excellence of products and service Because we embody what is most noble and accomplished in the artisan world. Brand image enhancement Because they represent an extraordinary asset, a source of dreams and ambitions.
    [Show full text]
  • FALL / WINTER 2013/2014 the Man/Woman Dualities Take on New
    THE FASHION GROUP FOUNDATION PRESENTS FALL / WINTER 2013/2014 TREND OVERVIEW BY MARYLOU LUTHER N E W Y O R K • LONDON • MILAN • PARIS YOHJI YAMAMOTO CHRISTIAN DIOR The man/woman dualities take on new gender blending in the fall/winter 2013/2014 collections shown both here and abroad. As in: His overcoat with her pajamas. (Marc Jacobs for Louis Vuitton). His peacoat over her nightie. (Hedi Slimane for Saint Laurent Paris.) His trench over her sheer skirt. (Jean Paul Gaultier). Her embellishments on his jacket. (Dries Van Noten.) His oxfords bow-tied with her satin ribbon laces. (Alber Elbaz for Lanvin.) Aside from the more obvious his-jacket-with-her-full-skirt or her-frilly-blouse-with-his-pleat-front- trousers—a look seen on many runways—one artful example of the masculine/feminine fusion comes from Givenchy’s Riccardo Tisci, who combined de-constructed black leather bikers with see-through black tulle skirts that ended just below the knees. And who posed gypsy-flounced dresses above men’s trousers. The New Generosity. The ease that started replacing squeeze last season is now even more commodious. In New York, the new comfort zones at Derek Lam looked both appealing and intriguing, with the shift dress shifting even farther away from the body without looking like a plus size. (Okay, okay, there’s nothing wrong with plus sizes.) In Milan, the oversized jackets and coats at MaxMara had the same sense of big, but not ballooned. In all fashion capitals, body-friendly shifts and tents look like best bets. So do spacious, round-shoul- dered coats in styles ranging from double-breasted officers’ coats to what were called Hollywood wrap coats in the George Raft, James Cagney era.
    [Show full text]
  • 2019 Annual Financial Report 1 Executive and Supervisory Bodies, and Statutory Auditors As of December 31, 2019
    Translation of the French “Rapport financier annuel” Fiscal year ended December 31, 2019 Contents Management Report of the Board of Directors – Financière Agache group 3 1. The Financière Agache business model 3 2. Business overview, highlights and outlook 7 3. Business and financial review 27 4. Ethics and responsibility 43 5. Environment and sustainability 69 6. Attracting and retaining talent 87 7. Outreach and giving back 101 8. Financial and operational risk management and internal control 107 Management Report of the Board of Directors – Financière Agache SA 123 1. Results of Financière Agache SA 124 2. Information regarding the Company’s share capital 125 3. Matters to be voted upon 126 Board of Directors’ report on corporate governance 127 1. List of all corporate offices and positions held by company officers 128 2. Summary of existing delegations and financial authorizations and use made of them 130 3. Information on the related - party agreements covered by Article L. 225 - 37 - 4 2° of the French Commercial Code 131 Consolidated financial statements 133 1. Consolidated income statement 134 2. Consolidated statement of comprehensive gains and losses 135 3. Consolidated balance sheet 136 4. Consolidated statement of changes in equity 137 5. Consolidated cash flow statement 138 6. Notes to the consolidated financial statements 140 7. Statutory Auditors’ report on the consolidated financial statements 209 Parent company financial statements: Financière Agache 215 1. Income statement 216 2. Balance sheet 218 3. Notes to the parent company financial statements 219 4. Company results and other significant components over the last five fiscal years 229 5.
    [Show full text]
  • Business Review
    LVMH 2011 — ANNUAL REPORT BUSINESS REVIEW CONTENTS — Group’s profile 03 CHAIRMAN’S MESSAGE 06 FINANCIAL HIGHLIGHTS A coherent universe of men and women passionate about their 09 INTERVIEW WITH THE profession and driven by the desire to innovate and achieve. GROUP MANAGING DIRECTOR An unrivalled group of powerfully evocative brands and great names that are synonymous with the history of luxury. 10 GOVERNANCE A natural alliance between art and craftsmanship, dominated 11 EXECUTIVE AND by creativity, virtuosity and quality. SUPERVISORY BODIES A remarkable economic success story with nearly 98,000 employees worldwide and global leadership in the manufacture and distribution of luxury goods. A global vision dedicated to serving the needs of every customer. 12 WINES & SPIRITS The successful marriage of cultures grounded in tradition 22 FASHION & LEATHER GOODS and elegance with the most advanced marketing, industrial 36 PERFUMES & COSMETICS organization and management techniques. A singular mix of talent, daring and thoroughness in the quest 46 WATCHES & JEWELRY for excellence. 56 SELECTIVE RETAILING A unique enterprise that stands out in its sector. Our philosophy can be summarized in two words: CREATIVE PASSION. LVMH 2011 — Chairman’s message REMAINING TRUE TO OUR VALUES LVMH’s excellent performance in 2011 once again highlights the power of our brands and the appeal of our products. Our Group’s results prove, if proof were in fact needed, that the quest for exceptionally high-quality products, the desire for authenticity and durability, the pleasure of being treated as an exceptional customer in an exceptional environment – all of these aspirations that LVMH aims to fulfill – assume a more prominent role than ever in periods of uncertainty.
    [Show full text]