June 12, 2018 LVMH DARE in Shanghai: live highlights from the first DARE event in Asia
June 12, 2018 at 12:12 pm EDT
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Following the success of the first three DARE events in France and Italy, LVMH is broadening the international scope of this initiative.
The Group chose Shanghai, the luxury capital of China, to focus the collective intelligence of its talents on reinventing the future of luxury. This latest edition of DARE spotlights creativity and innovation, entrepreneurial spirit and the striving for excellence that inspires the 60 LVMH managers from the Asia-Pacific region taking part in the event.
Live coverage and photos from three days dedicated to open innovation.
Day 1
The 60 managers from LVMH and its Masons taking part in this fourth edition of LVMH DARE came together at the naked Hub co-working space in Shanghai. After an ice-breaker session, participants took to the stage one by one to pitch their ideas. The 12 most convincing ideas will now be taken forward by teams before presentations to the jury in two days. Good luck to everyone!
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LVMH - Moët Hennessy Louis Vuitton SA published this content on 12 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 June 2018 16:12:01 UTC
LVMH Moët Hennessy Louis Vuitton SE is the world leader in luxury products. Net sales break down by family of products as follows:
- fashion and leather items (48.9%): brands such as Louis Vuitton, Kenzo, Celine, Fendi, Marc Jacobs, Givenchy, etc.;
- watches and jewels (12.8%): Bulgari, TAG Heuer, Zenith, Hublot, Chaumet, Fred brands, Tiffany, etc.;
- perfumes and cosmetics products (9.6%): perfumes (Christian Dior, Guerlain, Loewe, Kenzo brands, etc.), makeup products (Make Up For Ever, Guerlain, Acqua di Parma, etc.), etc.;
- wines and spirits (7.7%): champagnes (Moët & Chandon, Mercier, Veuve Clicquot Ponsardin, Dom Pérignon brands, etc.; No. 1 worldwide), wines (Cape Mentelle, Château D'Yquem, etc.), cognacs (mainly Hennessy; No. 1 worldwide), whisky (mainly Glenmorangie), etc.;
The remaining sales (21%) are from selective distribution through the Sephora, DFS, Miami Cruiseline chains and Le Bon Marché and La Samaritaine department stores.
At the end of 2023, products are marketed via a network of 6,097 outlets located throughout the world.
Net sales are distributed geographically as follows: France (7.9%), Europe (16.4%), Japan (7.3%), Asia (30.8%), the United States (25.3%) and other (12.3%).
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