Louis Vuitton 2004 Annual Report Download - page 77

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Grand Prize of the 2004 Festival d’Hyères Jury
Sarah Swash & Toshio Yamanaka
for SWASH Michel René
LVMH annual report 2004
VALUING PROFESSIONAL EXPERTISE AND
ENCOURAGING INDIVIDUAL ACCOMPLISHMENT
LVMH is dedicated to developing business line expertise through
training, mobility and cross-fertilization of know-how (cross-
brand project groups and inter-company operating networks).
The objective is to make LVMH a true “learning organization”
in which every employee can develop individually and profes-
sionally.
CUSTOM TRAINING
The companies of the Group offer a broad range of training
programs to allow both managers and employees to develop
their professional skills and their specific business line exper-
tise as artisans and designers and to share a common vision.
Training seminars are chosen based on the needs and specific
features of the business lines of each company and are orga-
nized by the training centers of each business sector. These
programs are facilitated by both outside trainers and in-house
specialists.
The Group also organizes induction seminars, designed to fami-
liarize new employees with the culture of the Group companies,
its values and fundamental management principles, and the
knowledge of its brands.
Nearly 15,000 employees received such seminars in 2004.
MANY PROFESSIONAL CAREER
OPPORTUNITIES WORLDWIDE
One of the strongest assets of the LVMH Group is that it brings
together companies that have a strong identity and business
expertise in very diverse fields. Consequently, there are many
professional career opportunities that match the skills and aspi-
rations of each employee.
HELPING AND TRAINING TOMORROW’S DESIGNERS
Since 1999, the Group has been sponsoring the Festival International des Arts de la Mode
in Hyères.
This event, held each year in the south of France, offers promising young designers the oppor-
tunity to present their first collections to a jury of professionals and in the presence of
many fashion journalists. In 2004, five fashion designers and two photographers were
awarded prizes by the fashion and photography juries. Some of the young designers disco-
vered at previous Hyères Festivals are now pursuing professional careers in the fashion
industry. They include: Viktor & Rolf, Alexandre Matthieu, Oscar Suleyman, Sébastien
Meunier, Xavier Delcour and others.
AVERAGE WORKFORCE BY BUSINESS GROUP
Wines & Spirits 4,919
Fashion & Leather Goods 17,652
Perfumes & Cosmetics 13,188
Watches & Jewelry 1,937
Selective Retailing 17,929
Other 884
Total 56,509
AVERAGE WORKFORCE BY GEOGRAPHIC REGION
France 19,391
Europe (excluding France) 11,167
North America 10,936
South America 1,651
Asia Pacific 8,943
Japan 4,421
Total 56,509
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