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Investegate |LVMH Announcements | LVMH: LVMH showed good resilience against the pandemic crisis in 2020


LVMH showed good resilience against the pandemic crisis in 2020
Paris, January 26
th, 2021
LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of 44.7 billion euros in 2020, down 17%. Organic revenue declined 16% compared to 2019. LVMH showed good resilience in 2020 in an economic environment severely disrupted by the serious health crisis that led to the suspension of international travel and the closure of the Group s stores and manufacturing sites in most countries over a period of several months.
With an organic revenue decline of only 3% in the fourth quarter, the Group saw a significant improvement in trends in all its activities compared to the first nine months of 2020. Fashion & Leather Goods in particular, enjoyed a remarkable performance, with double-digit growth in both the third and fourth quarters. While Europe is still affected by the crisis, the United States saw a good recovery and Asia grew strongly. ....

Champagne Ardenne , New York , United States , Hong Kong , France General , Le Jardin , Argyll And Bute , United Kingdom , Cheval Blanc , Provence Alpes Côd Azur , Veuve Clicquot Ponsardin , Hennessy Louis Vuitton , Abeille Royale , Hugh Morrison , Daniel Jeffreys , Jadore Infinissime , Brune Diricq Charlotte Marin , Parfums Givenchy , Bernard Arnault , Michel Calzaroni Olivier Labesse , Schmitt Thomas Roborel , James Fingeroth , Loro Piana , Emilio Pucci , Louis Vuitton , Maison Tiffany ,

LVMH showed good resilience against the pandemic crisis in 2020


LVMH showed good resilience against the pandemic crisis in 2020
th, 2021
LVMH Moët Hennessy Louis Vuitton, the world s leading luxury products group, recorded revenue of 44.7 billion euros in 2020, down 17%. Organic revenue declined 16% compared to 2019. LVMH showed good resilience in 2020 in an economic environment severely disrupted by the serious health crisis that led to the suspension of international travel and the closure of the Group s stores and manufacturing sites in most countries over a period of several months.
With an organic revenue decline of only 3% in the fourth quarter, the Group saw a significant improvement in trends in all its activities compared to the first nine months of 2020. Fashion & Leather Goods in particular, enjoyed a remarkable performance, with double-digit growth in both the third and fourth quarters. While Europe is still affected by the crisis, the United States saw a good recovery and Asia grew strongly. ....

Champagne Ardenne , New York , United States , Cheval Blanc , Provence Alpes Côd Azur , Hong Kong , France General , Le Jardin , Veuve Clicquot Ponsardin , Hennessy Louis Vuitton , Abeille Royale , Hugh Morrison , Daniel Jeffreys , Jadore Infinissime , Brune Diricq Charlotte Marin , Parfums Givenchy , Bernard Arnault , Michel Calzaroni Olivier Labesse , Schmitt Thomas Roborel , James Fingeroth , Loro Piana , Emilio Pucci , Louis Vuitton , Maison Tiffany , Kenzo Parfums , Maison Francis Kurkdjian ,

Kale Anderson Joins Trinitas Cellars as Consulting Winemaker


Kale Anderson Joins Trinitas Cellars as Consulting Winemaker
Posted on January 06, 2021
Napa, California – It is with great enthusiasm that Trinitas Cellars announces and welcomes Kale Anderson to their team as Consulting Winemaker. Kale has been making wine for renowned producers for 20 years in Napa and Sonoma. His career began in 2001, when he took his first harvest internship at J Winery, Russian River. After graduating with a BS in Viticulture and Enology, he worked at Colgin Cellars, Terra Valentine Winery, Cliff Lede Vineyards in Stags Leap District and Pahlmeyer Winery. While Director of Winemaking at Pahlmeyer, Kale became one of the youngest winemakers to earn 100 points from Robert M. Parker, Jr. ....

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2 new faces picked for Napa Planning Commission; Gordon Huether reappointed


Napa’s city land-use authority will welcome two newcomers, while its longest-serving member is returning.
The City Council on Tuesday night selected the Napa housing developer Bob Massaro to join the Planning Commission along with Ricky Hurtado, a council candidate in 2018. Massaro will serve a two-year term on the commission through the end of 2022, replacing Michael Murray who did not seek reappointment, while Hurtado will complete the year left in the term of Beth Painter, who served five years before winning election to the council Nov. 3.
Returning to the Planning Commission will be Gordon Huether, a longtime artist and owner of Gordon Huether Studio who has served on the land use and zoning body since December 2004. Huether, who holds one of the agency’s two seats (of five total) that Napa reserved for design professionals such as architects and land-use planners, was the only incumbent among 17 people to apply for posts, and the only unanimous choice of th ....

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