Appointments within LVMH Group

1. LVMH Moet Hennessy Louis Vuitton, the world’s leading luxury products Group, today announces the appointment of François Steiner as President and CEO of Kenzo Mode.

François Steiner succeeds Vincent Huguenin, President and CEO of Kenzo Mode since September 2002, who has decided to pursue a different career outside the LVMH Group.

François Steiner held until now the position of CEO of Thomas Pink.

Graduate of Ecole Polytechnique, Mr. Steiner worked as a consultant in strategy and organization with Arthur Andersen and the Boston Consulting Group from 1987 to 1994, prior to becoming Deputy Managing Director of Saresco, a group specializing in selective distribution in international airports. Mr. Steiner joined Louis Vuitton as President for Europe in 1997, and was later appointed President of the LVMH Fashion Group for Europe, prior to being nominated CEO of Thomas Pink in July 2001.

“Francois Steiner’s role will involve the expansion of Kenzo, notably working alongside Antonio Marras who was appointed Art Director for Kenzo for Womenswear in October,” said Antonio Belloni, Group Managing Director of LVMH.

2. Besides, Geoffroy de La Bourdonnaye is appointed CEO of Christian Lacroix.

Geoffroy de la Bourdonnaye succeeds Jean Pierre Debu, who is retiring. Mr. Debu has been CEO of Christian Lacroix since May 2000. Prior to that he had been part of the executive management team at Kenzo Mode since 1992.

A graduate of ESC Lyon (EM Lyon) and INSEAD, where he obtained an MBA, Geoffroy de la Bourdonnaye has since October 2000 been vice president and managing director in charge of the Merchandise and Retail division of EuroDisney SCA. He began his career in marketing and sales in the food and perfume industries. Since 1992, he held a series of positions of increasing responsibility at Disney, where he started as vice president and managing director for emerging markets within Disney’s Consumer Products division. He then stewarded the growth of the British subsidiary, before becoming the head of the Merchandise Licensing Europe Division.