Louis Vuitton 2005 Annual Report Download - page 30

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Yves Carcelle
President of the Fashion and
Leather Goods business group
2005 was an excellent year for
Louis Vuitton, which continued to
strengthen its leadership position
and extend its global image.
As it continued to advance over the
globe, our star brand took full
advantage of market growth and the
taste for luxury goods in new coun-
tries.
Fendi’s growth justifies the efforts
made to develop the brand and
reflects the work achieved by its
teams. Fendi is definitely on track
and it should not be too long before
it is firmly placed within the virtu-
ous circle of profitable growth.
The other brands, which are smaller
or less advanced in their strategic
repositioning process, still have
work to do. They are receiving
special attention to help them focus
on their priorities and achieve their
objectives.
2004
4,366
REVENUE
EUR million
2005
4,812
2003
828
NUMBER OF STORES
2004
896
2005
891
2004
1,309
PROFIT FROM RECURRING
OPERATIONS
EUR million
2005
1,467
2004
253
INVESTMENTS
EUR million
2005
302
PASSIONATE ABOUT CREATIVITY
28
LVMH 2005 FASHION AND LEATHER GOODS
REVENUE
BY GEOGRAPHIC REGION
in %
France 9%
Rest of Europe 17%
United States 22%
Japan 30%
Rest of Asia 18%
Other markets 4%