LVMH Annual Report

2 0 1 8 H I GH L I GH T S

The champagne Maisons enhanced their value propositions in a particularly competitive market. While champagne volumes were down 1%, organic revenue growth was 4%. The increased value was driven by more rapid growth in prestige cuvées and a firm price increase policy. For all Maisons, it was a year of exceptional harvests in terms of both quality and quantity. Moët & Chandon consolidated its leading position with solid growth in value, driven by successful product innovations such as Ice Impérial and Ice Impérial Rosé. In June, the Maison unveiled its new signature, “Must be Moët & Chandon”, and in December announced a partnership with the FIA Formula E championship for electric cars. Dom Pérignon continued to reaffirm its unique model. Its growth was driven by Dom Pérignon Vintage 2009 and Dom Pérignon 2000 Plénitude 2. A highlight of the year was the passing of the torch by Richard Geoffroy – the Maison’s Cellar Master for the past 28 years – on to Vincent Chaperon, who has worked alongside him since 2005. An artistic collaboration was launched with Lenny Kravitz.

– Nathalie Balla, winner of the Businesswoman of the Year Award

In November 2018, Veuve Clicquot presented its 46thBusinesswoman of the Year Award to Nathalie Balla, co-CEO of La Redoute and Relais Colis. Meanwhile, its Prix Clémentine award went to Shanty Baehrel, founder of Shanty Biscuits. Every year, the Maison celebrates female entrepreneurship with these awards. The Businesswoman of the Year Award, which was created in 1972 to mark the Maison’s bicentennial, recognizes exceptional women for their entrepreneurial spirit and pays tribute to Madame Clicquot, who founded the champagne house and was herself a trailblazing businesswoman.

Moët & Chandon

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