Louis Vuitton 2006 Annual Report Download - page 35

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Company's creative forces within the Palazzo,
was a significant factor in its success. The popu-
larity of the ready-to-wear collections designed
by Karl Lagerfeld, the footwear and sunglasses
was exceptional. The accelerated development
of the leather goods lines designed by Silvia
Fendi generated very strong results, particularly
the Spy, B-Fendi, and Chef & Bag-de-jour lines.
TRENDS FOR THE OTHER BRANDS OF THE
BUSINESS GROUP
DONNA KARAN, a symbolic brand in the United
States, continued to implement its strategy based
on an expansion of its designs and the imple-
mentation of a new concept of exclusive bou-
tiques. The women's ready-to-wear collections
(the luxury Collection line and the more active
DKNY line) recorded solid growth. The brand
benefited from the very promising launch of the
Gold Donna Karan fragrance and the success of
the clothing and accessories it inspired. In 2006,
Donna Karan again improved its profitability.
2006 was marked by the arrival of new Presi-
dent Mark Weber, who was also appointed Presi-
dent of LVMH Inc. (United States), and who
holds operational responsibility for Thomas Pink
worldwide.
CELINE continued its reorganization, focusing
on its priority vectors to expand its leather
goods and footwear lines. Among other initia-
tives, this strategy generated the launch of the
new Bittersweet line of very high quality leather
products. The success of the ready-to-wear
collections designed by Ivana Omazic, Artistic
Director since 2005, was highly encouraging.
The brand invested in its retail network in
Japan, Asia and Europe. In 2006, it renovated
its flagship stores in Monaco and Milan that
introduced a new concept.
Fendi's 2007
spring-summer line
is photographed
by Karl Lagerfeld,
the designer
of the Italian brand's
ready-to-wear collection.
FASHION & LEATHER GOODS
LVM H 2 0 0 6
31