Louis Vuitton 2003 Annual Report Download - page 63

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61
PASSIONATE ABOUT
CREATIVITY
selective retailing
FURTHER
PROGRESS
IN PROFITABILITY
THE SELECTIVE RETAILING BUSI-
NESS IS ORGANIZED TO PROMOTE A
SALES ENVIRONMENT THAT SHOW-
CASES THE IMAGE AND STATUS OF
LUXURY BRANDS. THE BUSINESS IS
PRESENT IN EUROPE, THE UNITED STATES AND ASIA
AND FOCUSES ON TWO SEGMENTS-- TRAVEL RETAIL
(SALES OF LUXURY PRODUCTS TO INTERNATIONAL
TRAVELERS), THE BUSINESS OF DFS AND MI AMI
CRUI SELINE,AND SPECIALIZED RETAILING
CONCEPTS REPRESENTED BY SEPHORA
AND THE DEPARTMENT STORES,
CONSISTING OF LE BON MARCHÉ
AND LA SAMARITAINE, TWO PRESTI-
GIOUS PARIS ESTABLISHMENTS.