Benjamin Franklin Prize for Promoting Franco-American relations Awarded to Bernard Arnault, Chairman of LVMH.Business Editors PARIS--(BUSINESS WIRE)--Oct. 23, 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. , the world's leading luxury products group, today announced that its Chairman, Bernard Arnault Bernard Arnault (born 5 March 1949) is a French businessman. He is the 7th richest person in the world and France's richest person with an estimated net worth of $26 billion US dollars, according to a Forbes report in March 2007. , will be awarded the Benjamin Franklin prize at an official dinner at the Rockefeller Center in aid of the Franco-American Foundation to be held this evening, Monday 23rd October. The prize, which will be presented to Mr Arnault by Ambassador Curley and Mr Michel David-Weill, Chairman of Banque Lazard and a member of the Franco-American Foundation, is awarded every year by the Foundation to a personality whose work and initiatives serve to strengthen Franco-American links in all areas. It was awarded to Medecins sans Frontieres in 1999 and to the former US ambassador to France, Mr Walter Curley, in 1998. The award will serve as recognition of the creative work that Bernard Arnault has achieved in the US as the head of LVMH - the promotion of American designers such as Marc Jacobs (Louis Vuitton) and Michael Kors (Celine) and the building of the LVMH Tower in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , designed by Christian de Portzamparc Christian de Portzamparc (born May 5, 1944 in Casablanca, Morocco) is a French architect and urbanist. Born in Morocco to a family of Breton French heritage, he studied architecture at the Ecole Nationale des Beaux Arts in Paris after considering himself "a designer who painted (winner of the Pritzker Prize in 1994) ; and in the field of economic development, encompassing that of Sephora US, the launches of Sephora.com and of E.Luxury and the acquisitions of very promising cosmetics start-up companies such as Bliss, Hard Candy, Urban Decay, Benefit and Fresh. Bernard Arnault said he was extremely honoured to receive this prestigious prize, which furthers our desire to pursue the US activities of LVMH in art, creativity and economic development >>. 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 business group 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 six promising cosmetic companies, Bliss, Hard Candy, BeneFit Cosmetics, Urban Decay, Make Up For Ever and Fresh. 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, and Le Bon Marche. The Group has established a Watch and Jewelry business group 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 Sephora.com and 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 the 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 New York. |
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