Coach Complaint Against LVMH in Japan Thrown Out.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 -- 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, has learned through media reports, including an egregious and self-serving press release issued today by Coach, that the Japanese Fair Trade Commission (JFTC JFTC Japan Fair Trade Commission JFTC Jump for the Cause (skydiving, breast cancer) JFTC Joint Forces Training Centre (Poland) ) is not pursuing an investigation based on Coach's March 2005 complaint against LVMH. This development would confirm that Coach's allegations were entirely baseless and that LVMH's commercial practices in Japan are beyond reproach, as they have always been. "Coach's tactics in filing this complaint and in seeking media attention were nothing but desperate efforts to compensate for the inability of their products, manufactured in regions with cheap labor, to compete with true luxury brands manufactured in Europe, such as Louis Vuitton," said a senior LVMH executive. "Louis Vuitton will continue its extraordinary success in Japan and its leadership in the true luxury goods sector in that market." 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, Ruinart, Chateau d'Yquem, Chandon Estates, Hennessy, Glenmorangie, Belvedere and Chopin. Its Fashion and Leather Goods division includes Louis Vuitton, the world's leading luxury brand, as well as Celine, Loewe, Kenzo, Givenchy, Thomas Pink, Fendi, Emilio Pucci, Donna Karan, Marc Jacobs, Berluti, StefanoBi as well as eLUXURY, the authoritative online source for luxury goods on the Internet. 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, Parfums Givenchy, Parfums Kenzo, Perfumes Loewe as well as other promising cosmetic companies (BeneFit Cosmetics, Make Up For Ever, Acqua di Parma and Fresh). LVMH is also 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 in Europe and the United States, Le Bon Marche and La Samaritaine. LVMH's Watches and Jewelry division comprises TAG Heuer, Chaumet, Christian Dior Watches, Zenith, Fred, the prestigious Italian writing instruments company of OMAS OMAS Official Mail Accounting System (US Postal Service) OMAS Outage Management & Analysis System and De Beers LV, a joint venture created with the world's leading diamond group. For additional information, please visit www.lvmh.com. |
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