Appointment of the President and CEO Of the LVMH Fashion & Leather Goods Group, Americas Region.Business Editors PARIS--(BUSINESS WIRE)--July 12, 2000 Fred Wilson is appointed President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the LVMH LVMH Moët Hennessy-Louis Vuitton (upscale retailer) Fashion & Leather Goods Group, Americas Region. Mr. Wilson will report to Yves Carcelle, President of the Fashion & Leather Goods Business Group. Mr. Wilson is currently President and CEO of LVMH's Specialty Retail Concepts activity, including the new Synchrony synchrony /syn·chro·ny/ (-krah-ne) the occurrence of two events simultaneously or with a fixed time interval between them. atrioventricular (AV) synchrony and Solstice stores. Mr. Wilson, an American citizen, graduated from Wabash College in the U.S. From 1969 to 1979, he held sales functions in the accessories and ready-to-wear sectors within the Federated Connected and treated as one. See federated database and federated directories. Department Stores and then the Stix, Baer & Fuller Group. From 1979 to 1998, he held positions of increasing responsibility with the 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 Group in Guam, Hong Kong and San Francisco, where he was President and Chief Merchandising Officer, DFS Merchandising from 1991 to 1998. Mr. Wilson has been President and CEO of LVMH's Specialty Retail Concepts activity since December 1998. In addition, from 1999 to May 2000, he presided over the inception of eLUXURY.com, the new Internet site established by LVMH, dedicated to luxury and "art de vivre". 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, Sephora, Le Bon Marche and Thomas Pink. The Group has established a Watches and Jewellery 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 house, which has recently teamed up with L'Etude Tajan, also belongs to the LVMH 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 shares (LVMH.PA) are listed on the Paris Stock Exchange and NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on in the United States (LVMHY). |
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