Louis Vuitton 2003 Annual Report Download - page 74

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72 LVMH ANNUAL
REPORT 2003
ONE OF THE FACTORS DRI-
VING THE GROWTH OF THE
GROUP IS ITS RECRUITMENT
AND PROFESSIONAL DEVE-
LOPMENT POLICY. ITS KEY
VALUES ARE TO IDENTIFY
TALENT, TO VALUE THE ACQUI-
SITION OF LASTING PROFES-
SIONAL SKILLS, AND TO
ENCOURAGE THE INDIVIDUAL
ACCOMPLISHMENTS OF THE
MEN AND WOMEN IT EMPLOYS
WORLDWIDE.
IDENTIFYING TALENT
Throughout the year, the companies of
the LVMH Group takes part in mee-
tings organized on the campuses of
engineering schools, business schools
and design schools, as well as schools
that specialize in the expertise speci-
fic to its businesses. Presentations,
conferences, forums, participation in
educational programs, hosting interns,
and sponsoring young artists and desi-
gners are all opportunities, for the
companies in the LVMH Group, both to
identify and develop talent and to
publicize the richness of each business
line.
VALUING PROFESSI ONAL EXPERTI SE
AND ENCOURAGING INDIVIDUAL
ACCOMPLISHMENT
LVMH is dedicated to developing busi-
ness line expertise through training,
mobility and cross-fertilization of know-
SUSTAINABLE
DEVELOPMENT
A CORPORATE COMMITMENT POLICY
LVMH IS A GROUP COMPOSED OF ABOUT FIFTY BRANDS OPERATING IN VARIOUS BUSINESS
SEGMENTS. SOCIAL COHESION IS ONE OF THE KEY FACTORS IN ITS SUCCESS. IN THE LAST
SEVERAL YEARS, THE GROUP HAS IMPLEMENTED AN INNOVATIVE INTERNAL AND EXTERNAL
CORPORATE POLICY THAT IN LARGE PART EXPLAINS THE COMMITMENT OF ITS EMPLOYEES. LVMH
DEFENDS THE VALUES OF A RESPONSIBLE CITIZEN GROUP. INTEGRITY, EQUITY, SOLIDARITY AND
A RESPECT FOR ETHICAL RULES IN BRAND MANAGEMENT AND EMPLOYEE DEVELOPMENT ARE
REQUIREMENTS THAT THE GROUP DEMANDS FROM ITSELF EVERY DAY AND SHARES WITH ALL
ITS EMPLOYEES WORLDWIDE. IMPLEMENTING THESE VALUES IS ONE OF THE DAILY RESPONSI-
BILITIES OF MANAGERS AND SENIOR EXECUTIVES IN ALL LVMH COMPANIES.
HELPI NG AND TRAINI NG
TOMORROW’SDESIGNERS
Since 1999, the Group has been
sponsoring the Festival Internatio-
nal des Arts de la Mode in Hyères.
This event, held in the south of
France each year, offers promising
young designers the opportunity
to present their first collections
before a jury of professionals
and in presence of many fashion
journalists. I n 2003, four designers
and one photographer were
awarded prizes by the fashion
and photography juries. Some
of the young fashion designers
discovered during previous Hyères
festivals are now pursuing profes-
sional careers in the fashion field.
They include names such as
Viktor & Rolf, Alexandre Matthieu,
Oscar Suleyman, Sébastien Meunier,
Xavier Delcour and others.
The 2003 Festival d’Hyères Women’s Wear Prize went to Sandrina Fasoli.
© Etienne Tordoir.
DEVELOPING TEAMS FOCUSED ON EXCELLENCE