“LVMH’s performance reflects our effective strategy. Pursued with consistency, it inspires and guides our actions, and keeps us on course for sustainable growth despite exceptional circumstances” states Bernard Arnault, Chairman and Chief Executive Officer of LVMH, in the Chairman’s Message to introduce the Group’s 2019 Annual Report. With the publication of its Annual Report, the Group looks back at highlights from 2019, an especially rich year marked by exceptional accomplishments and events around the world.
Throughout 2019 LVMH once again showed its remarkable international appeal with exceptional accomplishments around the world.
Future LIFE events held in Paris and New York provided an opportunity for the Group to review its advances in environmental responsibility and reaffirm goals for the coming years. For the first time in 2019, LVMH took part in the China International Import Expo (CIIE) trade fair in Shanghai, showcasing its longstanding relationship with China and bringing the Chinese public a chance to experience the excellence of its Maisons and their singular ability to combine innovation and heritage.
LVMH Maisons also offered moments of elegant escape, including the Louis Vuitton X exhibition in Beverly Hills, retracing 160 years of creative collaborations, and the film Cashmere – The Origin of a Secret , a journey to the origins of Loro Piana’s iconic material deep into the Mongolian steppes, directed by Luc Jacquet. Last year also saw the welcoming of Belmond to the LVMH Group with its exceptional portfolio of hotels in breathtaking destinations such as the Copacabana Palace in Rio de Janeiro and the Sanctuary Lodge, tucked beneath Machu Picchu.
Journeys provided a constant flow of inspiration for LVMH Maisons: Calabria, Italy for Thierry Wasser, Master Performer of Guerlain, who traveled there to find exceptional bergamot, Morocco for Maria Grazia Chiuri, for the presentation of her 2020 Cruise Collection for Maison Dior, and Rome, where Fendi hosted a haute couture tribute to its creative genius Karl Lagerfeld, who passed away last year, against the majestic backdrop of the Roman Forum.
LVMH remains deeply attached to its roots and its native city. After Paris saw Notre-Dame cathedral, the symbol of its heritage and unity, engulfed by flames, the Group immediately mobilized and made a donation to the fund for reconstruction of this architectural jewel.
This year of accomplishments was possible thanks to the drive and energy of the talents at LVMH and its Maisons. The Group can rely on their unwavering collective engagement to respond to the crisis and above all, to rebound with even greater performance tomorrow.