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Appointment of Didier Suberbielle as President of Pommery.


Business Editors

PARIS--(BUSINESS WIRE)--Oct. 4, 2000

LVMH LVMH Moët Hennessy-Louis Vuitton (upscale retailer)  Moet Hennessy Louis Vuitton The Louis Vuitton Company (more commonly known simply as Louis Vuitton) is a luxury French fashion and leather goods brand and company, headquartered in Paris, France. It is a division of the French holding company, LVMH Louis Vuitton Moët Hennessy S.A.  (Nasdaq:LVMHY), the world's leading luxury goods group, today announced that Didier Suberbielle (HEC HEC Hautes Études Commerciales
HEC Hautes Etudes Commerciales (French)
HEC Higher Education Commission (Pakistan)
HEC Hydrologic Engineering Center (Davis, CA) 
), currently International Director at Moet & Chandon, which he joined in 1995, will succeed Jean-Marie Lefevre as President of Pommery.

Commenting on this appointment, Philippe Pascal, President of the Wines and Spirits business group, said: "Pommery is a great Champagne house, which has developed its international appeal and rejuvenated re·ju·ve·nate  
tr.v. re·ju·ve·nat·ed, re·ju·ve·nat·ing, re·ju·ve·nates
1. To restore to youthful vigor or appearance; make young again.

2.
 its image over the past five years under Jean-Marie Lefevre. From now on he will dedicate himself to the art world, a field he knows well.

"Didier Suberbielle has worked for five years as Marketing Director and then Commercial Director, on further developing Moet & Chandon, the world's leader in champagne. He now takes up the presidency of Pommery with a very good knowledge of consumers' needs and of the international market."

Jean-Marie Lefevre (Ecole Centrale, INSEAD INSEAD Institut Européen d'Administration des Affaires (European Institute for Business Administration; now know simply as INSEAD)
INSEAD I Never Stop Eating And Drinking
 MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
), President of Pommery since 1995, will assist and report to Pierre Letzelter from now on, in coordinating the management of art and auction activities within the Group.

These appointments are effective as of Oct. 1, 2000.

LVMH

LVMH Moet Hennessy Louis Vuitton, the world's leading luxury products group, is represented in Wines and Spirits by a portfolio of brands that includes Moet & Chandon, Dom Perignon, Veuve Clicquot Ponsardin, Krug, Pommery, Chateau d'Yquem, Chandon, Hennessy and Hine. The Fashion and Leather Goods division includes Louis Vuitton, Celine, Loewe, Kenzo, Givenchy, Christian Lacroix, Fendi and Pucci. LVMH is also present in the Fragrances and Cosmetics sector with Parfums Christian Dior Parfums Christian Dior is the make-up and perfumery line of Christian Dior SA, based on the company created by twentieth-century fashion designer Christian Dior. It was created in 1947 with the launch of Miss Dior perfume. , Guerlain, Givenchy and Kenzo, and has recently acquired five promising cosmetic companies, Bliss, Hard Candy, BeneFit Cosmetics, Urban Decay and MAKE UP FOR EVER. LVMH is active in selective retailing through DFS (Distributed File System) An enhancement to Windows NT/2000 and 95/98 that allows files scattered across multiple servers to be treated as a single group. With Dfs, a network administrator can build a hierarchical file system that spans the organization's LANs and , Sephora, Le Bon Marche and Thomas Pink. The Group has established a Watch and Jewelry division comprising TAG Heuer, Ebel, Chaumet, Zenith, Fred, as well as Omas, the prestigious Italian writing instruments company.

Phillips, one of the world's largest auction houses, which has recently teamed up with L'Etude Tajan, also belongs to the LVMH group. Connaissance des Arts and Art & Auction Magazine, two specialized publications, have recently joined the Group.

LVMH has recently launched eLUXURY, the authoritative online source for luxury goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax.  on the Internet.

LVMH Moet Hennessy Louis Vuitton ordinary shares, traded on the Paris Stock Exchange, may be accessed on the Reuter Equities 2000 Service under LVMH.PA, on Quotron under LVMHF.EU, and on Bloomberg under MC FP. Its ADRs, each equal to one-fifth of an ordinary share, trade on the NASDAQ National Market System in the U.S.

Additional information on LVMH can be accessed on the company's home page: http://www.lvmh.com.
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Date:Oct 4, 2000
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