LVMH Makes Announcement Regarding La Samaritaine

PARIS--()--La Samaritaine duly notes with satisfaction the decision of the Conseil d'Etat which definitively approves the building permit for the renovation of the building located on rue de Rivoli.

The building permit for the Seine facing side of La Samaritaine was issued in December 2012 by the Mairie de Paris and approved in April 2014 by the Tribunal Administratif de Paris.

Ten years after the closure of La Samaritaine for safety reasons and after many years of litigation, these two permits are therefore now irrevocable. La Samaritaine is preparing to resume this ambitious project for the restoration and renovation of the entire site. The three years of works should generate around 1800 jobs.

Overall once renovated, it will directly create more than 2200 jobs.

LVMH

LVMH Moët Hennessy Louis Vuitton is represented in Wines and Spirits by a portfolio of brands that includes Moët & Chandon, Dom Pérignon, Veuve Clicquot Ponsardin, Krug, Ruinart, Mercier, Château d’Yquem, Domaine du Clos des Lambrays, Château Cheval Blanc, Hennessy, Glenmorangie, Ardbeg, Wen Jun, Belvedere, Chandon, Cloudy Bay, Terrazas de los Andes, Cheval des Andes, Cape Mentelle, Newton et Numanthia. Its Fashion and Leather Goods division includes Louis Vuitton, Céline, Loewe, Kenzo, Givenchy, Thomas Pink, Fendi, Emilio Pucci, Donna Karan, Marc Jacobs, Berluti, Nicholas Kirkwood and Loro Piana. LVMH is present in the Perfumes and Cosmetics sector with Parfums Christian Dior, Guerlain, Parfums Givenchy, Parfums Kenzo, Perfumes Loewe as well as other promising cosmetic companies (BeneFit Cosmetics, Make Up For Ever, Acqua di Parma and Fresh). LVMH is also active in selective retailing as well as in other activities through DFS, Sephora, Le Bon Marché, la Samaritaine and Royal Van Lent. LVMH's Watches and Jewelry division comprises Bulgari, TAG Heuer, Chaumet, Dior Watches, Zenith, Fred, Hublot and De Beers Diamond Jewellers Ltd, a joint venture created with the world’s leading diamond group.

Contacts

Analysts and investors:
LVMH
Chris Hollis
+ 33 1.4413.2122
or
Media:
France :
DGM Conseil
Michel Calzaroni/Olivier Labesse/
Sonia Fellmann/Hugues Schmitt
+ 33 1.4070.1189
or
UK:
Montfort Communications
Hugh Morrison/Hannah Glynn
+ 44.773.965 5492
or
Italy:
SEC and Partners
Michele Calcaterra/Matteo Steinbach
+ 39 02 6249991
or
US:
Kekst & Company
James Fingeroth/Molly Morse/Anntal Silver
+ 1 212.521.4800

Contacts

Analysts and investors:
LVMH
Chris Hollis
+ 33 1.4413.2122
or
Media:
France :
DGM Conseil
Michel Calzaroni/Olivier Labesse/
Sonia Fellmann/Hugues Schmitt
+ 33 1.4070.1189
or
UK:
Montfort Communications
Hugh Morrison/Hannah Glynn
+ 44.773.965 5492
or
Italy:
SEC and Partners
Michele Calcaterra/Matteo Steinbach
+ 39 02 6249991
or
US:
Kekst & Company
James Fingeroth/Molly Morse/Anntal Silver
+ 1 212.521.4800