Louis Vuitton 2004 Annual Report Download - page 33

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The Fashion and Leather
Goods business group
recorded an organic sales
growth of 10%, again
improved its operating
income and strengthened
its market share.
Louis Vuitton continued
its strong growth in the
U.S. market and
confirmed its vitality in
Asia and Europe. Once
again, the world luxury
leader had a record year.
Celine,Marc Jacobs,
Pucci and Berluti made
good progress in their
respective businesses.
With greater creativity
and a continually
improving retail network,
Fendi and Donna Karan
are starting to reap the
benefits of their
repositioning strategy.
Two new designers,
Antonio Marras for
Kenzo and Ozwald
Boateng for Givenchy
Homme, successfully
presented their first
collections. In February
2005, Riccardo Tisci was
appointed Creative
Director for Givenchy’s
womens universe.
31
LVMH annual report 2004