Founded in 1970 in Paris, Sephora was acquired by Louis Vuitton Moet Hennessy (LVMH) in 1997.
FORBES: Sephora: Department Stores Cannot Stop Its Global Growth
Next is French luxury powerhouse LVMH Moet Hennessey Louis Vuitton (LVMUY) .
Bernard Arnault, the man behind Louis Vuitton Moet Hennessey, saw his stock fall last year, dragging him down from fourth spot to 10th.
By happenstance, just two weeks later, French fashion magnate Bernard Arnault disclosed that his company, LVMH Moet Hennessy Louis Vuitton, acquired a 17 percent stake in Hermes International.
FORBES: The Stealth Bombers: Bill Ackman, Bernard Arnault, and the Conundrums of Secret Positions
U.S.-listed shares of Paris-based LVMH Moet Hennessy Louis Vuitton, a veritable luxury conglomerate in fine bags, booze and jewelry, have also shot to new highs on the Pink Sheets as LVMUY.
FORBES: Fireworks In Luxury With Fresh Highs For Tiffany, Coach, LVMH And Lululemon
Unfortunately, top competitors PPR SA, the Gucci parent, and LVMH Moet Hennessy Louis Vuitton all recently reported lackluster China sales, and European shoppers remain squeezed by weak wages and deep economic uncertainty.
FORBES: Tiffany Q1 Is A Gem, But The Pricey Stock Doesn't Truly Sparkle
But analysts think Diageo has since played a convincing game of catch-up, increasing its advertising spend on brands like Johnnie Walker Black Label and sharing promotional duties with Louis Vuitton Moet Hennessy.
Sales at LVMH Moet Hennessy Louis Vuitton, the world's largest luxury goods maker, grew 3 percent in the third quarter, versus the 5 percent increase posted in the first half of the year.
The Institute, with support of UNESCO, has already conducted several management trainings for MOET senior officials and for provincial senior education managers, including one on the role of education policymakers in disaster risk reduction.
Beauty was in the eye of several beholders on Wednesday, after a French magazine claimed that luxury goods companies PPR and LVMH Moet Hennessey Louis Vuitton had shown "signs of interest" in acquiring the prestigious cosmetics firm Clarins .
In September 2011, MOET adopted its Action Plan to implement the National Strategy for Natural Disaster Prevention, Response and Mitigation 2011-2020, acknowledging and aiming to tackle both the impacts of climate change and disasters on the education sector and the important role education can play in mitigating these risks.
At the request of the Ministry of Education and Training (MOET), UNESCO is currently assisting in the development of a comprehensive leadership training programme that aims to build the capacities of senior officials to implement and manage policies that are gender sensitive and inclusive and that assure equitable access to education.
应用推荐