December 18, 2012

National Corporate
Citizenship Award

Paris, December 18, 2012 – LVMH has received France’s National Corporate Citizenship Award in the “large business” category. The award recognizes the Group’s initiatives to support youth in Montfermeil, a suburb north of Paris. The award will be presented during a ceremony at the French Senate by Junior Minister for Urban Affairs François Lamy.

 

The relationship between LVMH and Montfermeil began in 2010 through the "Cultures and Creation" fashion show, which was created to forge stronger social ties across low-income neighborhoods by promoting challenging creative achievements. Each year the event invites 200 young non-professional designers to present their fashion creations to over 1,000 spectators.

Within the scope of the show, LVMH facilitates meetings with creative professionals and is a member of the jury. The LVMH Special Jury Prize is given to semi-professional designers, bringing them access to professional support and a chance to show their work at the Ethical Fashion Show at the Carrousel du Louvre in Paris.

 

LVMH also helps young people find employment through a coaching and job search program called "JobStyle". Over fifty jobseekers from Montfermeil have already benefited from coaching sessions led by personal image and human resources specialists from Group companies.

This approach has a very high job placement success rate.

 

Reflecting a strong belief in the importance of education, the Group regularly welcomes students from junior high schools and vocational schools, nearly one hundred of whom will have visited LVMH Group companies by the end of 2012.

Chantal Gaemperle, LVMH Group Executive Vice President, Human Resources and Synergies, said: "LVMH employs talented people from diverse backgrounds and we instantly connected with the initiatives pursued by the city of Montfermeil. The Group is proud to share its passion for excellence and savoir-faire with the residents of Montfermeil."

 

The "Trophée National de l’Entreprise Citoyenne" award recognizes exemplary initiatives by businesses that promote the public interest, civic-mindedness and social integration. Such actions, whether they benefit employees and partners, local populations or an entire country, reflect an awareness by businesses that corporate citizenship is a fundamental component of economic success.

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