LVMH Moët Hennessy - Louis Vuitton, Société Européenne: Difference between revisions

mNo edit summary
(Included - Key professionals, Board and committee members)
Line 2: Line 2:


LVMH Moët Hennessy - Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers champagnes, wines, and spirits under the Clos des Lambrays, Château d'Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Cape Mentelle, Newton Vineyard, Cloudy Bay, Belvedere, Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19, and Volcan de mi Tierra brands. It also provides fashion and leather products under the Berluti, Celine, Christian Dior, Emilio Pucci, FENDI, Givenchy, Kenzo, Loewe, Loro Piana, Louis Vuitton, Marc Jacobs, Moynat, Patou, and RIMOWA brands. In addition, the company offers perfumes and cosmetics under the Acqua di Parma, Benefit Cosmetics, Cha Ling, Fenty Beauty by Rihanna, Fresh, Givenchy Parfums, Guerlain, KVD Beauty, Kenzo Parfums, Maison Francis Kurkdjian, Make Up For Ever, Marc Jacobs Beauty, Officine Universelle Buly, Parfums Christian Dior, and Perfumes Loewe brands; watches and jewelry under the Bulgari, Chaumet, Fred, Hublot, Repossi, TAG Heuer, Tiffany & Co., and Zenith brands; and custom-designed yachts under the Feadship brand name, as well as designs and builds luxury yachts under the Royal Van Lent brand. Further, it provides daily newspapers under the Les Échos brand; Belmond, a luxury tourism service; home other activities under the Belmond, Cheval Blanc, Connaissance des Arts, Cova, Investir, Jardin d'Acclimatation, La Samaritaine, Le Parisien, and Radio Classique brands; and selective retailing products under the DFS, La Grande Epicerie de Paris, Le Bon Marché Rive Gauche, Sephora, and Starboard Cruise Services brands, as well as operates Jardin d'Acclimatation, a leisure and amusement park. The company operates 5,556 stores. LVMH Moët Hennessy - Louis Vuitton, Société Européenne was incorporated in 1923 and is headquartered in Paris, France.
LVMH Moët Hennessy - Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers champagnes, wines, and spirits under the Clos des Lambrays, Château d'Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Cape Mentelle, Newton Vineyard, Cloudy Bay, Belvedere, Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19, and Volcan de mi Tierra brands. It also provides fashion and leather products under the Berluti, Celine, Christian Dior, Emilio Pucci, FENDI, Givenchy, Kenzo, Loewe, Loro Piana, Louis Vuitton, Marc Jacobs, Moynat, Patou, and RIMOWA brands. In addition, the company offers perfumes and cosmetics under the Acqua di Parma, Benefit Cosmetics, Cha Ling, Fenty Beauty by Rihanna, Fresh, Givenchy Parfums, Guerlain, KVD Beauty, Kenzo Parfums, Maison Francis Kurkdjian, Make Up For Ever, Marc Jacobs Beauty, Officine Universelle Buly, Parfums Christian Dior, and Perfumes Loewe brands; watches and jewelry under the Bulgari, Chaumet, Fred, Hublot, Repossi, TAG Heuer, Tiffany & Co., and Zenith brands; and custom-designed yachts under the Feadship brand name, as well as designs and builds luxury yachts under the Royal Van Lent brand. Further, it provides daily newspapers under the Les Échos brand; Belmond, a luxury tourism service; home other activities under the Belmond, Cheval Blanc, Connaissance des Arts, Cova, Investir, Jardin d'Acclimatation, La Samaritaine, Le Parisien, and Radio Classique brands; and selective retailing products under the DFS, La Grande Epicerie de Paris, Le Bon Marché Rive Gauche, Sephora, and Starboard Cruise Services brands, as well as operates Jardin d'Acclimatation, a leisure and amusement park. The company operates 5,556 stores. LVMH Moët Hennessy - Louis Vuitton, Société Européenne was incorporated in 1923 and is headquartered in Paris, France.
== Key Professionals ==
{| class="wikitable"
|'''Name'''
|'''Title'''
|-
|Arnault, Bernard
|Chairman & CEO
|-
|Guiony, Jean-Jacques
|Chief Financial Officer
|-
|Kuhn, Bernard
|General Counsel
|-
|Bouillonnec, Yann
|Vice President of Sales
|-
|Gaemperle, Chantal
|Group Executive Vice President of Human Resources & Synergies
|-
|Arnault, Antoine
|Group Chief Image & Environment Officer and Director
|-
|Arnault, Frederic
|Chief Executive Officer of TAG Heuer
|-
|Bazire, Nicolas
|Senior VP of Development & Acquisitions and Director
|-
|Beaufils, Benjamin
|President of North American Operations
|-
|Belloni, Antonio
|Group MD & Director
|-
|Bianchi, Stephane
|Head of LVHM's Watch & Jewelry Unit
|-
|Das, Ipsita
|Managing Director of India
|-
|de Lapuente, Christopher
|Chairman & CEO of Selective Retailing Division
|-
|Guerra, Andrea
|Head of Hospitality & Restaurant Business
|-
|Mukherji, Shantanu
|Managing Director od L Catterton
|-
|Rogers, Ian
|Chief Digital Officer
|-
|Voisin, Jean-Baptiste
|Chief Strategy Officer
|-
|Beccari, Pietro
|Chairman & CEO of Louis Vuitton
|-
|Boillot, Laurent
|CEO & President of Guerlain
|-
|Brocart, Sophie
|Chief Executive Officer of Jean Patou
|-
|Jamet, Marc-Antoine
|General Secretary
|-
|Schaus, Philippe Paul Auguste
|Chief Executive Officer of Moët Hennessy - Wines & Spirits Division
|-
|Toledano, Sidney
|Chairman and CEO of the Fashion Group
|-
|Hollis, Christopher
|Director of Financial Communications
|-
|Stalla-Bourdillon, Bertrand
|Group Vice President of Retail Development
|}
== Board Members ==
{| class="wikitable"
|'''Name'''
|'''Title'''
|'''Type'''
|'''Tenure'''
|-
|Arnault, Bernard
|Chairman & CEO
|Internal
|1988-Present
|-
|Arnault, Antoine
|Group Chief Image & Environment Officer and Director
|Internal
|2006-Present
|-
|Bazire, Nicolas
|Senior VP of Development & Acquisitions and Director
|Internal
|1999-Present
|-
|Belloni, Antonio
|Group MD & Director
|Internal
|2002-Present
|-
|Beccari, Pietro
|Chairman & CEO of Louis Vuitton
|Internal
|2018-Present
|-
|Toledano, Sidney
|Chairman and CEO of the Fashion Group
|Internal
|2018-Present
|-
|de Silguy, Yves-Thibault
|Independent Director
|External
|2009-Present
|-
|Gaymard, Clara
|Independent Director
|External
|2016-Present
|-
|Valla, Natacha
|Independent Director
|External
|2020-Present
|-
|de Croisset, Charles
|Lead Independent Director
|External
|2008-Present
|-
|Arthus-Bertrand, Yann
|Member of Advisory Board
|External
|2019-Present
|-
|Aumont, Dominique
|Employees Representing Director
|External
|2020-Present
|-
|Belloeil-Melkin, Marie-Véronique
|Employees Representative Director
|External
|2020-Present
|-
|Chassat, Sophie
|Independent Director
|External
|2018-Present
|-
|de Chalon, Marie-Laure Sauty
|Independent Director
|External
|2014-Present
|-
|Della Valle, Diego
|Member of Advisory Board
|External
|2002-Present
|-
|Gancia, Delphine Arnault
|Director
|External
|2020-Present
|-
|Kravis L.L.D., Marie- Josée
|Independent Director
|External
|2011-Present
|-
|Mignon, Laurent
|Independent Director
|External
|2023-Present
|-
|Powell KCMG, Charles David
|Member of Advisory Board
|External
|2020-Present
|-
|Védrine, M. Hubert
|Independent Director
|External
|2004-Present
|}
== Committees ==
{| class="wikitable"
|'''Committee'''
|'''Name'''
|'''Title'''
|-
| rowspan="4" |Audit Committee
|Gaymard, Clara
|Independent Director
|-
|de Chalon, Marie-Laure S.
|Independent Director
|-
|de Croisset, Charles
|Lead Independent Director
|-
|de Silguy, Yves-Thibault
|Independent Director
|-
| rowspan="4" |Compensation Committee
|Valla, Natacha
|Independent Director
|-
|Chassat, Sophie
|Independent Director
|-
|de Croisset, Charles
|Lead Independent Director
|-
|Kravis, Marie- J.
|Independent Director
|-
| rowspan="4" |Corporate Governance Committee
|Valla, Natacha
|Independent Director
|-
|Chassat, Sophie
|Independent Director
|-
|de Croisset, Charles
|Lead Independent Director
|-
|Kravis, Marie- J.
|Independent Director
|-
| rowspan="4" |Other Committee
|de Silguy, Yves-Thibault
|Independent Director
|-
|de Chalon, Marie-Laure S.
|Independent Director
|-
|Gancia, Delphine A.
|Director
|-
|Védrine, M. H.
|Independent Director
|}


== Financial Statements ==
== Financial Statements ==

Revision as of 19:16, 4 July 2023

Business Description

LVMH Moët Hennessy - Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers champagnes, wines, and spirits under the Clos des Lambrays, Château d'Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Cape Mentelle, Newton Vineyard, Cloudy Bay, Belvedere, Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19, and Volcan de mi Tierra brands. It also provides fashion and leather products under the Berluti, Celine, Christian Dior, Emilio Pucci, FENDI, Givenchy, Kenzo, Loewe, Loro Piana, Louis Vuitton, Marc Jacobs, Moynat, Patou, and RIMOWA brands. In addition, the company offers perfumes and cosmetics under the Acqua di Parma, Benefit Cosmetics, Cha Ling, Fenty Beauty by Rihanna, Fresh, Givenchy Parfums, Guerlain, KVD Beauty, Kenzo Parfums, Maison Francis Kurkdjian, Make Up For Ever, Marc Jacobs Beauty, Officine Universelle Buly, Parfums Christian Dior, and Perfumes Loewe brands; watches and jewelry under the Bulgari, Chaumet, Fred, Hublot, Repossi, TAG Heuer, Tiffany & Co., and Zenith brands; and custom-designed yachts under the Feadship brand name, as well as designs and builds luxury yachts under the Royal Van Lent brand. Further, it provides daily newspapers under the Les Échos brand; Belmond, a luxury tourism service; home other activities under the Belmond, Cheval Blanc, Connaissance des Arts, Cova, Investir, Jardin d'Acclimatation, La Samaritaine, Le Parisien, and Radio Classique brands; and selective retailing products under the DFS, La Grande Epicerie de Paris, Le Bon Marché Rive Gauche, Sephora, and Starboard Cruise Services brands, as well as operates Jardin d'Acclimatation, a leisure and amusement park. The company operates 5,556 stores. LVMH Moët Hennessy - Louis Vuitton, Société Européenne was incorporated in 1923 and is headquartered in Paris, France.

Key Professionals

Name Title
Arnault, Bernard Chairman & CEO
Guiony, Jean-Jacques Chief Financial Officer
Kuhn, Bernard General Counsel
Bouillonnec, Yann Vice President of Sales
Gaemperle, Chantal Group Executive Vice President of Human Resources & Synergies
Arnault, Antoine Group Chief Image & Environment Officer and Director
Arnault, Frederic Chief Executive Officer of TAG Heuer
Bazire, Nicolas Senior VP of Development & Acquisitions and Director
Beaufils, Benjamin President of North American Operations
Belloni, Antonio Group MD & Director
Bianchi, Stephane Head of LVHM's Watch & Jewelry Unit
Das, Ipsita Managing Director of India
de Lapuente, Christopher Chairman & CEO of Selective Retailing Division
Guerra, Andrea Head of Hospitality & Restaurant Business
Mukherji, Shantanu Managing Director od L Catterton
Rogers, Ian Chief Digital Officer
Voisin, Jean-Baptiste Chief Strategy Officer
Beccari, Pietro Chairman & CEO of Louis Vuitton
Boillot, Laurent CEO & President of Guerlain
Brocart, Sophie Chief Executive Officer of Jean Patou
Jamet, Marc-Antoine General Secretary
Schaus, Philippe Paul Auguste Chief Executive Officer of Moët Hennessy - Wines & Spirits Division
Toledano, Sidney Chairman and CEO of the Fashion Group
Hollis, Christopher Director of Financial Communications
Stalla-Bourdillon, Bertrand Group Vice President of Retail Development

Board Members

Name Title Type Tenure
Arnault, Bernard Chairman & CEO Internal 1988-Present
Arnault, Antoine Group Chief Image & Environment Officer and Director Internal 2006-Present
Bazire, Nicolas Senior VP of Development & Acquisitions and Director Internal 1999-Present
Belloni, Antonio Group MD & Director Internal 2002-Present
Beccari, Pietro Chairman & CEO of Louis Vuitton Internal 2018-Present
Toledano, Sidney Chairman and CEO of the Fashion Group Internal 2018-Present
de Silguy, Yves-Thibault Independent Director External 2009-Present
Gaymard, Clara Independent Director External 2016-Present
Valla, Natacha Independent Director External 2020-Present
de Croisset, Charles Lead Independent Director External 2008-Present
Arthus-Bertrand, Yann Member of Advisory Board External 2019-Present
Aumont, Dominique Employees Representing Director External 2020-Present
Belloeil-Melkin, Marie-Véronique Employees Representative Director External 2020-Present
Chassat, Sophie Independent Director External 2018-Present
de Chalon, Marie-Laure Sauty Independent Director External 2014-Present
Della Valle, Diego Member of Advisory Board External 2002-Present
Gancia, Delphine Arnault Director External 2020-Present
Kravis L.L.D., Marie- Josée Independent Director External 2011-Present
Mignon, Laurent Independent Director External 2023-Present
Powell KCMG, Charles David Member of Advisory Board External 2020-Present
Védrine, M. Hubert Independent Director External 2004-Present

Committees

Committee Name Title
Audit Committee Gaymard, Clara Independent Director
de Chalon, Marie-Laure S. Independent Director
de Croisset, Charles Lead Independent Director
de Silguy, Yves-Thibault Independent Director
Compensation Committee Valla, Natacha Independent Director
Chassat, Sophie Independent Director
de Croisset, Charles Lead Independent Director
Kravis, Marie- J. Independent Director
Corporate Governance Committee Valla, Natacha Independent Director
Chassat, Sophie Independent Director
de Croisset, Charles Lead Independent Director
Kravis, Marie- J. Independent Director
Other Committee de Silguy, Yves-Thibault Independent Director
de Chalon, Marie-Laure S. Independent Director
Gancia, Delphine A. Director
Védrine, M. H. Independent Director

Financial Statements

EUR €, Millions, except for earnings per share data 2022 2021 2020
                                      Period Ending: 31-Dec 31-Dec 31-Dec
Revenue 79,184 64,215 44,651
Revenue Growth (year to year) 23.31% 43.82% -16.80%
Cost of Goods and Services -24,988 -20,355 -15,871
Gross Profit 54,196 43,860 28,780
SG&A -33,178 -26,722 -20,433
Income/(Loss) from joint ventures 37 13 -42
Other operating income and expenses -54 4 -333
Operating profit 21,001 17,155 7,972
Net financial income/(expense) -888 53 -608
Income Tax Expense -5,362 -4,510 -2,409
Net Income to Company 14,751 12,698 4,955
Minority Interest in Earnings -667 -662 -253
Net Income to Stockholders 14,084 12,036 4,702
Basic EPS, (EUR) 28.05 23.90 9.34
Basic Weighted Average Shares Outstanding 502,120,694 503,627,708 503,679,272
Diluted EPS (EUR) 28.03 23.89 9.33
Diluted Weighted Average Shares Outstanding 502,480,100 503,895,592 504,210,133
EBITDA 26,720 23,280 13,780
Annual Income Statement.png

Growth Drivers and Catalysts