EDUCATION AND PRACTICE MAKE FOR FUTURE GENERATIONS INTO LUXURY

 & EDU

On Monday, the LVMH group started its first Italian professional training programme in Florence, where it established a branch of the Institut des Métiers d’Excellence (IME), its vocational training institute. On this occasion, the French luxury group’s Director for Human Resources and Synergies, Chantal Gaemperle, spoke to FashionNetwork.com about the new needs of the luxury goods industry.

“…LVMH’s training is a way of passing on our expertise, of preserving crafts which risk being lost, and of educating craftsmen to deliver excellence…”

“…crafts people transmit not just the quality of their expertise, but also their pride in creating fine products…”

“…Working in the luxury industry means… embracing the uncertainty and ambiguity of things, because we are part of a creative process. The world of luxury is full of paradoxes and tensions…”

Source: UK FashionNetwork

MOET HENNESSY IN THE HAND OF SCHAUS NOW

LVMH's Moet-Hennessy Unit, and logo

Moët Hennessy’s Christophe Navarre is stepping down from his role as CEO, departing the drinks company to focus full-time on his investment fund Neptune International. Navarre joined LVMH in 1997 as president and CEO of JAS Hennessy & Co., and has served as CEO of LVMH’s Moët Hennessy division.

This division is composed of a portfolio which includes Moët & Chandon, Dom Pérignon, Ruinart, Krug and Veuve Clicquot Champagne brands, but also spirits with Hennessy Cognac,  Glenmorangie Scotch whiskies, Ardbeg Scotch whiskies and Belvedere Vodka, and other wines such as Cheval des Andes, Newton Vineyard, Numanthia and Terrazas de los Andes.

Hennessy, in particular, has enjoyed an impressive rise during Navarre’s management, with the brand surging 22% to 3.7 million cases in the U.S. last year, accounting for roughly two-thirds of the overall Cognac market.

Philippe Schaus, who currently manages LVMH’s luxury travel retail division DFS Group, has been named as Navarre’s successor. A 14-year LVMH veteran, Schaus previously served as executive vice president of Louis Vuitton between 2009 and 2011, and was named chairman and chief executive officer of DFS in 2012.

LVMH ESTATE & WINES GROWS WITH ONE MORE, THIS TIME A BURGUNDY ESTATE NAMED DOMAINE DE LAMBRAYS

French luxury group Moët Hennessy Louis Vuitton (LVMH) has made its first move in Burgundy, buying Domaine des Lambrays from Ruth Freund for an undisclosed sum. The domaine includes a near-monopoly of the climat Clos des Lambrays. “It’s the first step in Burgundy, with an exceptional terroir and a great historic estate,” Jean-Guillaume Prats, CEO of LVMH Estates and Wines, told Wine Spectator.

Clos des Lambrays and LVMH

Although the domaine is best known for the 21.5-acre Clos des Lambrays (of which it controls all but 0.1 acre), it owns 27.2 acres in all, including parts of the Morey-St.-Denis premier cru Les Loups, parts of the Puligny Montrachet premier cru Clos du Cailleret and less than an acre of Puligny Montrachet premier cru Clos Les Folatières.
Prats said LVMH would maintain the current distribution and, “of course, the existing, very competent local team will continue to manage the estate.” LVMH already has extensive vineyard holdings, including Châteaus Cheval-Blanc and d’Yquem in Bordeaux, as well as South Africa’s Cape Mentelle, California’s Newton, Cloudy Bay in New Zealand, Cheval des Andes in Argentina, and Spain’s Numanthia, as well as several Champagne houses and sparkling wine Chandon operations in multiple countries.

Source: WineSpectator

HENNESSY COGNAC IS PART OF LVMH: LIST OF 62 LVMH BRANDS

You are probably aware of what the acronym LVMH stands for?

Yes, you are correct Louis Vuitton Moet Hennessy. LVMH is the largest luxury group in the world with records sales (+/- $30 billion) and profits (+/- $5 billion) in 2012, and 62 luxury brands in its portfolio.

LVMH 5 Champagnes

10 Cane Rum
Acqua di Parma
Belvedere
BeneFit Cosmetics
Berluti
Bodega Chandon Argentina
Bon Marche Rive Gauche
Bulgari
Cape Mentelle
Celine
Chateau Cheval Blanc
Chateau d’Yquem
Chaumet
Cheval Blanc - Hotels
Cheval des Andes
Christian Dior Parfums
Cloudy Bay
De Beers
DFS
Dom Perignon
Domaine Chandon Australia
Domaine Chandon California
Donna Karan
Edun
Emillo Pucci
Fendi
Fendi Parfums
Fred
Fresh
Givenchy
Givenchy Parfums
Glenmorangie Company
Guerlain
Hennessy
Hublot
Kenzo
Kenzo Parfums
Krug
Le Jardin D’Acclimatation - Activity Park
Les Echos - Publications
Loewe
Loewe Parfums
Louis Vuitton
Make Up For Ever
Marc Jacobs
Mercier
Miami Cruise Line Services
Moet & Chandon
Newton Vineyard
Nowness
Nude
Numanthia
Royal Van Lent - Yachts
Ruinart
Samaritaine
Sephora
Tag Heuer
Terrazas de los Andes
Thomas Pink
Veuve Clicquot
Wenjun
Zenith

LVMH majority of its brands are in the wine & spirits industry with Hennessy being the leading brand. Cognac is alive and kicking!

Source: www.lvmh.com