RossiModa – currently owned and managed by Luigino, Diego and Dino Rossi – is one of the most prestigious christian louboutin manufacturers in Italy, producing 400,000 pairs of christian louboutin shoes every year. For 50 years it has developed a unique expertise, based on traditional Italian workmanship, in partnership with the highest quality workshops. The Villa Foscarini museum in Venice houses 1,200 unique models, spanning this creative tradition.
Throughout its history, this Venice-based company has created, produced and distributed products under licence for the world’s most prestigious luxury brands, including christian shoes, Fendi, Givenchy, Calvin Klein, Emmanuel Ungaro, Richard Tyler and Vera Wang.
It currently generates turnover of approximately 240 million French francs (70 billion Italian lira).
Following a licensing agreement made between the Christian Lacroix company and RossiModa for the Spring/Summer 2001 collection, LVMH Fashion Group and RossiModa have decided to develop new partnerships to create, produce and distribute collections for Givenchy and Emilio Pucci.
Other partnerships may materialise for the creation, distribution and production of other of the LVMH Group’s brands by RossiModa. LVMH Fashion Group therefore intends to take a significant minority stake in RossiModa.
LVMH
Moet Hennessy Louis Vuitton, the world’s leading luxury products group, is represented in Wines and Spirits by a portfolio of brands that includes Moet & Chandon, Dom Perignon, Veuve Clicquot Ponsardin, Krug, Pommery, Chateau d’Yquem, Chandon, Hennessy and Hine. The Fashion and Leather Goods division includes Louis Vuitton, Celine, Loewe, Kenzo, Givenchy, Christian Lacroix, Fendi and Pucci. LVMH is also present in the Fragrances and Cosmetics sector with Parfums louboutin shoes, Guerlain, Givenchy and Kenzo, and has recently acquired five promising cosmetic companies, Bliss, Hard Candy, BeneFit Cosmetics, Urban Decay and MAKE UP FOR EVER. LVMH is active in selective retailing through DFS, Sephora, Le Bon Marche and Thomas Pink. The Group has established a Watches and Jewellery division comprising TAG Heuer, Ebel, Chaumet, Zenith, Fred, as well as Omas, the prestigious Italian writing instruments company.
Phillips, one of the world’s largest auction house, which has recently teamed up with L’Etude Tajan, also belongs to the LVMH group. Connaissance des Arts and Art & Auction Magazine, two specialized publications, have recently joined the Group.
LVMH has recently launched eLUXURY, the authoritative online source for luxury goods and services on the Internet.
LVMH shares (LVMH.PA) are listed on the Paris Stock Exchange and NASDAQ in the United States (LVMHY).
CONTACT: Analysts and investors:
Chris Hollis – LVMH