Louis Vuitton 2002 Annual Report Download - page 37

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ANNUAL REPORT 2002 • 35
SELECTIVE
RETAILING
The purpose of the Selective Retailing
activities is to create a global commercial
environment that promotes the image
and status of luxury brands.
LVMH has a netw ork of
648
STORES
in Europe, the United States
and Asia-Pacific.
2002 NET SALES:
3,337 M ILLION EUROS
WATCHES
AND JEWELRY
The goal of LVMH is to become a
SIGNIFICANT
PLAYER
in this sector, which it has recently
entered.
The Group owns a range of brands
representing classic Swiss watchmaking,
the universe of fashion watches, upscale
jew elry and luxury pens.
2002 NET SALES:
552 M ILLION EUROS
PERFUM ES
AND COSM ETICS
In this business sector, LVMH owns
some of the greatest names in French
perfumes and is developing young
cosmetics companies in France and the
United States.
THE EUROPEAN
LEADER, LVMH ranks
THIRD
WORLDWIDE
2002 NET SALES:
2,336 M ILLION EUROS