Louis Vuitton 2002 Annual Report Download - page 81

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HIGHLIGHTS
■Income from
operations at the
Selective Retailing
business group
returned to the
black, based on
grow th at both
Sephora and Miami
Cruiseline, plus the
efforts of DFS which
returned to opera-
ting break-even.
■Early in 2003,
DFS opened a new
Galleria in
Singapore and a
new location at the
airport in Okinawa,
Japan.
■Sephora impro-
ved its European
operations, opened
its first store in the
Czech Republic, and
posted remarkable
grow th in the
United States.
■Net sales for
Le Bon Marché
continued to
improve, driven
by the dynamic
performance of its
recently renovated
departments.
■La Samaritaine
has initiated
the transformation
of its product offer
and its image
to attract younger
customers.
INVESTM ENTS
EUR million
2000 2001 2002
299 207 75
NUM BER
OF STORES
2000 2001 2002
643 656 648
EUR million 2000 2001 2002
Net sales 3,294 3,493 3,337
Income from operations (65) (213) 20
NET SALES
BY GEOGRAPHIC REGION
Other markets 5%
Asia 23%
United States 37%
Rest of
Europe
9%
France 26%
Net sales
for the
Selective
Retailing
business
group were
3,337
M ILLION
EUROS.
Income from
operations
totaled
20 million
euros.