Christian Lacroix Appointed Artistic Director of the Italian Fashion House, Emilio Pucci.Business Editors PARIS--(BUSINESS WIRE)--April 11, 2002 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 leader in luxury, today announced the appointment of Christian Lacroix Christian Marie Marc Lacroix (May 16 1951 in Arles, France) is a French fashion designer. Early life In early childhood, Lacroix attended bullfighting events and enjoyed Gypsy and Provencal traditions as well. as Artistic Director of the iconic Italian fashion house, Emilio Pucci Emilio Pucci, Marchese di Barsento (November 20, 1914 – 1992) was an Italian fashion designer. Fashion career Born in Florence, Italy, the son of an Italian marchese, Pucci studied in both Italy and the USA, eventually gaining a doctorate in political science in . Emilio Pucci, in which LVMH acquired a 67% stake in May 2000, sees this as a key step in accelerating its growth and developing its product lines. The opening of a Paris Pucci boutique in the prime location of avenue Montaigne, planned for 27th April, is a key part of this strategy. Christian Lacroix, who will continue to act as Artistic Director for his own fashion house said he was, "utterly thrilled and motivated at the prospect of something which is very close to his heart and which has always excited him : nurturing the instrinsic modernity of Emilio Pucci's creations." Yves Carcelle, President of LVMH Fashion Group added that, "the appointment of Christian Lacroix and the opening of a number of boutiques in 2001 are part of the development strategy for the image of the exceptional Pucci brand." 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. , Chairman of LVMH, said," the arrival of a great, world-renowned designer will be a catalyst to the dynamic development of this prestigious brand." About LVMH LVMH Moet Hennessy Louis Vuitton is the world's leading luxury goods group. The 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. Its Fashion and Leather Goods division includes Louis Vuitton, the world's leading luxury brand, as well as Celine, Loewe, Kenzo, Givenchy, Christian Lacroix, Thomas Pink, Fendi and Pucci. In addition, LVMH recently finalized the acquisition of Donna Karan, the legendary American brand. LVMH is present in the Perfumes 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, Kenzo, and 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 , Miami Cruiseline, Sephora, Le Bon Marche and La Samaritaine. In 2000, LVMH launched eLUXURY, the authoritative online source for luxury goods on the Internet. LVMH's Watch and Jewelry division comprises TAG Heuer, Ebel, Chaumet, Zenith, Fred, as well as Omas, the prestigious Italian writing instruments company. 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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